Petronet LNG in talks with Vitol and Trafigura to lease storage tanks at the Kochi LNG terminal

MUMBAI: Petronet LNG Ltd is said to be in talks with global oil traders such as Vitol group and Trafigura group Storage tanks for lease at its severely underutilized 5 million-tonne LNG regasification terminal in Kochi, while India’s biggest gas importer looks for ways to boost utilization by tapping into the energy crisis Europe this has caused LNG prices to skyrocket.

Petronet LNG is in talks with many companies including Vitol Group – the world’s largest independent oil trading company…

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