Petronet in talks with Qatar, Oman, Kuwait over minority sta..:
"India’s largest importer of natural gas Petronet LNG is in talks with Qatar, Oman and Kuwait to sell a minority stake in itself that’s owned by the Asian Development Bank, its chief executive officer said yesterday.
“We welcome any credible player who has experience in the oil and gas business that can add value to the company,” said chief executive A K Balyan, speaking on the sidelines of a meeting of energy ministers in Seoul.
The investment authorities of the three Middle Eastern countries are interested but there is no clear frontrunner, Mr Balyan said. He expected a deal in two to three months, he said."
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