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GAIL India Mulls Stake Buy In Papua New Guinea LNG Project - Chairman

NEW DELHI -(Dow Jones)- State-run GAIL (India) Ltd. (532155.BY) is exploring the possibility of investing in gas infrastructure projects in Nigeria, Ghana, Papua New Guinea and Egypt, its chairman said Monday. "In Nigeria, we have been short-listed as one of the companies to develop the Nigeria gas master plan, worth about $7 billion," B.C. Tripathi told reporters on the sidelines of an industry conference. "In Ghana, we are talking. Whenever the gas production starts we will process the gas and transport it to the desired location," Tripathi said. He said the company is also examining the possibility of expanding its city gas distribution network in Egypt. Tripathi said in Papua New Guinea, the natural gas transmission company is examining the possibility of picking an equity stake in a new LNG terminal with InterOil Corp. (IOC). -By Rakesh Sharma and Sunil Raghu, Dow Jones Newswires; +91-11-4356-3305; santanu.choudhury@dowjones.com

Stock News for Interoil Corp. (IOC)
DateTimeHeadline
06/15/201617:22:00Concerned InterOil Shareholders Thank Shareholders for Extraordinary...
06/14/201614:41:55Report of Foreign Issuer (6-k)
06/14/201614:16:00InterOil Shareholders Overwhelmingly Re-elect All of InterOil's...
06/13/201606:25:04Report of Foreign Issuer (6-k)
06/13/201600:05:00InterOil Announces Special Meeting Date to Vote on Oil Search...
06/10/201614:36:08Amended Statement of Ownership (sc 13g/a)
06/10/201606:04:37Report of Foreign Issuer (6-k)
06/09/201623:48:00InterOil to Proceed with Shareholder Meeting as Scheduled
06/06/201611:54:00Concerned Interoil Shareholders Release Presentation to Shareholders...
06/03/201621:19:00Supreme Court of Yukon Agrees to Hear Argument on Concerned InterOil...
06/03/201606:05:50Report of Foreign Issuer (6-k)
06/03/201603:49:00Leading Proxy Advisory Firm Glass Lewis Joins ISS and Egan Jones...
06/01/201611:50:21Report of Foreign Issuer (6-k)
06/01/201611:14:35Report of Foreign Issuer (6-k)
06/01/201611:02:46Report of Foreign Issuer (6-k)
06/01/201610:46:00InterOil Shareholder Letter Highlights Support from Leading Proxy...
05/31/201618:01:00Concerned InterOil Shareholders Commence Legal Proceedings to...
05/31/201606:14:28Report of Foreign Issuer (6-k)
05/31/201606:14:28Report of Foreign Issuer (6-k)
05/31/201604:13:00Proxy Advisor Backs Bid Target InterOil Against Dissident

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