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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
06/30/201405:10:15Puma Buys InterOil's New Guinea Downstream Assets
02/26/201418:15:37Oil Search Readies Share Placement to Fund Major Acquisition
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Purchases -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Largest Purchases
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:06:35Paulson & Co 3Q 13F: Holdings As Of Sep 30
11/15/201308:06:18Paulson & Co 3Q 13F: Largest Sales
11/15/201306:57:25Millennium Management 3Q 13F: Largest Eliminations
11/15/201306:57:17Millennium Management 3Q 13F: Largest Eliminations -2-
11/15/201306:57:17Millennium Management 3Q 13F: Largest Sales
11/15/201306:57:17Millennium Management 3Q 13F: Largest Purchases
08/19/201309:50:14InterOil Continues Talks with Exxon on Papua New Guinea Gas Assets
07/11/201307:10:10InterOil May Pursue New Gas-Export Project in PNG
05/24/201309:20:21U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
05/24/201306:20:12ExxonMobil Interested in Papua New Guinea Gas Assets
05/24/201305:19:15ExxonMobil Says in Talks With InterOil Over Papua New Guinea...
10/16/201202:50:08InterOil Makes New Offer To Kickstart PNG Gas Plan
07/26/201210:09:17Correction to Shell Papua New Guinea Story
07/26/201209:09:42Shell In Talks With InterOil On Papua New Guinea LNG

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