Oil India, Mahanagar Gas Sign MoU to Collaborate on LNG and Clean Energy

Oil India Ltd. said it has signed a memorandum of understanding with Mahanagar Gas Ltd. to explore opportunities across the liquefied natural gas value chain and other emerging clean energy areas.

Oil India said it has a broad hydrocarbon exploration and development programme with plans to scale up gas production while advancing its clean energy initiatives. Mahanagar Gas, which has entered the LNG value chain, operates LNG retail stations and is pursuing other clean energy projects.