Gail confirms interest in Repsol's LNG assets

An enthusiast, with his face painted in the colors of the Indian flag, smiles during a rally celebrating the selection of Taj Mahal, on poster background, amongst the new Seven Wonders of the World, in Calcutta, India, Monday, July 9, 2007. The Great Wall of China, Rome's Colosseum, India's Taj Mahal and three architectural marvels from Latin America were among the new Seven Wonders of the World chosen in a global poll released on Saturday. (AP Photo/Bikas Das)

Showing interest: Indian player Gail has confirmed it is looking at LNG assets put up for sale by Repsol

AP PHOTO/BIKAS DAS

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News Wires

 11 September 2012 09:18 GMT

An executive at Gail India has confirmed the company is eyeing liquefied natural gas assets being put up for sale by Spain's Repsol in Canada, Peru and Trinidad.

Gail had reportedly been interested in Repsol's Canaport LNG terminal in Canada, but Reuters quoted GAIL executive director Rajeev Mathur as saying the company was looking at all of the LNG assets that Repsol was putting up for sale.

"Canaport is just one part of the story, there are many other assets along with it like Peru LNG, like Trinidad (LNG), along with shipping and so many other things," the news agency quoted Mathur telling reporters on the sidelines of an LNG industry conference on Tuesday.

"We are looking at it, if we…

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