India Gas Solutions Pvt Ltd -- the equal joint venture between the Mukesh Ambani-led firm and Europe's second largest oil firm - is among the three companies shortlisted by Gujarat government for giving out 25 per cent stake in the Mundra terminal.
State-owned Indian Oil Corporation and Oil and Natural Gas Corporation are the other two firms shortlisted, officials said on the sidelines of 8th Asia Gas Partnership Summit in New Delhi.
Initially 8 firms, including state gas utility GAIL India, had expressed interest to buy 25 per cent stake in the 5 million tonnes a year liquefied natural gas terminal being planned by the state government owned Gujarat State Petroleum Corporation.
The official said GSPC is likely to finalise the partner in next few days.
"Essentially, GSPC is looking at a partner which can bring in LNG, can consume the imported liquid gas as well and market the fuel," he said, adding RIL-BP fits the bill perfectly.
BP is a producer and trader of LNG while RIL's twin refineries at Jamnagar in Gujarat as well as its large petrochemical plants are huge consumers of gas.
The duo are also marketers of gas in the country.
IOC and ONGC, on the other hand, are only consumers of the fuel.
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