Oman-based National Gas Company (NGC) will partner with Singapore-headquartered Petredec to set up an LPG import and storage terminal at Krishnapatnam Port at an investment of ₹400 crore… NGC to hold 60%, LPG trader Petredec 40% in project to come up at Krishnapatnam Port.

— Hindu Business Line

AZB & Partners advised Petredec Holdings (Eastern) Pte Ltd;; led by a team of partners Ashwath Rau and Atreya Bhattacharya, senior associates Raina Upadhyay and Apeksha Mattoo.

2019-09-08

Deal value: INR 1.54 Billion / USD 22 Million

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