Engineering

Petredec completes acquisition of NGC Energy India
The 34,000mts LPG Import Facility in Krishnapatnam is nearing completion

Petredec completes acquisition of NGC Energy India

Petredec today completed the acquisition of NGC Energy India Private Limited, the former Joint Venture in which Petredec was a minority shareholder with National Gas Company (SAOG) Oman. In closing…

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1187 888 Petredec
Petredec to acquire NGC’s stake in Krishnapatnam Joint Venture
petredec krishnapatnam-terminal finishing completion march 2022

Petredec to acquire NGC’s stake in Krishnapatnam Joint Venture

Petredec today confirms that following the announcement made to the Oman Stock Exchange by National Gas Company (SAOG) Oman, it intends to acquire NGC’s entire interest in the two companies’ Indian Joint Venture which has focused on the development of a 34,000mts LPG import terminal in Krishnapatnam, Andhra Pradesh.

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1187 888 Petredec