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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;

Stock News for Interoil Corp. (IOC)
02/11/201610:18:03Statement of Ownership (sc 13g)
01/29/201613:45:24Statement of Ownership (sc 13g)
01/29/201606:10:38Report of Foreign Issuer (6-k)
01/29/201602:30:00InterOil: Antelope-6 Tags Top Reservoir
01/21/201606:04:09Report of Foreign Issuer (6-k)
01/21/201606:00:00New Flow Test Commences at Antelope-5
01/15/201610:50:30Amended Statement of Ownership (sc 13g/a)
01/06/201606:05:22Report of Foreign Issuer (6-k)
01/06/201603:00:00InterOil "LNG from PNG" Presentation
12/24/201506:08:26Report of Foreign Issuer (6-k)
12/24/201500:00:00Antelope-6 Drilling Under Way
11/25/201500:10:00InterOil Presentation Update
11/18/201506:09:02Report of Foreign Issuer (6-k)
11/18/201503:09:00Antelope-4 Sidetrack-1 Confirms High-quality Reservoir
11/13/201506:14:14Report of Foreign Issuer (6-k)
11/13/201506:08:18Report of Foreign Issuer (6-k)
11/13/201505:39:00InterOil Drilling and Q3 2015 Update
11/05/201506:09:04Report of Foreign Issuer (6-k)
11/05/201504:49:00InterOil to Increase Interest in Triceratops and Raptor
11/02/201506:10:36Report of Foreign Issuer (6-k)

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