Petronet LNG likely to buy 4 spot Cargoes

India's Petronet LNG is likely to good buy four recognize liquefied natural chat (LNG) cargoes in January-March quarter, its first in command and running director A K Balyan thought on Tuesday.

Balyan besides thought Petronet LNG was in talks with Australia and Qatar in place of long-term LNG supply contracts.

For the quarter ended December, Petronet LNG had bought four recognize cargoes, he added.

Petronet, which operates a 10-million-tonnes-a-year LNG regasification place by the side of Dahej in western Gujarat state, sells LNG to state run firms Indian Oil Corp. (IOC), Bharat Petroleum Corp (BPCL) and GAIL (India) Ltd, which after that supply engineering users.