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Spice Energy to import LNG from Indonesia

NEW DELHI: Spice Energy will import LNG from Indonesia at its proposed $400 million import terminal in Haldia while its unit Cals Refineries has signed a deal with oil major BP plc to source up to five million tonnes a year of crude oil for its $1.1 billion refinery in the same city. "We have signed a framework agreement with Indonesian State-run firm Pertamina for sourcing liquefied natural gas for the Haldia import and re-gassification facility we plan to set up by 2011,' Spice Energy CEO Ravi Chilukuri told PTI.

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