JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 01/31/12 — Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas) — Riding on the massive demand growth for natural gas in India, state-owned Petronet LNG Limited (New Delhi) plans to construct a $900 million liquefied natural gas () terminal at Gangavaram in Andhra Pradesh. In 2009, Petronet LNG signed an agreement with two Australian subsidiaries of (NYSE:XOM) (Irving, Texas) to supply LNG to its Kochi terminal from the Gorgon LNG project.
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