Global oil majors to sell LNG to India

Global oil and gas majors Shell and Conoco Phillips have offered to sell Australian liquefied natural gas (LNG) to India to meeting its growing energy needs, Petroleum Secretary S C Tripathi said on Monday.

“Conoco Phillips is selling LNG to South East Asia at a price that is not significantly higher than the price at which we have contracted LNG from Iran,” Tripathi said at a seminar on Oil and Gas Exploration Opportunities in Australia here.