05.05.2014 - Qatar leads in Petronet stake race
The sovereign wealth fund of Qatar is emerging as a prime contender for the 5.2 per cent stake of the Asian Development Bank in the country’s natural gas importer Petronet LNG Ltd. India is keen that the stake sale results in additional gas at a lower price. “There are a lot of people interested in buying the stake. Sovereign wealth funds of Qatar, Abu Dhabi and Oman as well as multinationals such as Mitsui are all interested besides some private equity investors,” industry sources said...............................................Full Article: Source
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