<div>Oman is considering buying a 10-15 per cent stake in Petronet LNG's proposed plant on India's east coast, the Gulf nation's oil minister Mohammed bin Hamad Al Rumhy said on Wednesday (02 April).<br /><br />"We have not decided on (the) stake. It will be a small (stake) - maybe 10-15 per cent," Rumhy said, adding the two sides had been engaged in talks for the past two months.<br /><br />Petronet, which supplies liquefied natural gas (LNG), aims to build a 5 million tonne a year LNG terminal at Gangavaram, on the east coast, by 2016.<br /><br />The visiting minister also said the energy-hungry nation aims to get 1 billion cubic feet of gas per day from Iran from 2017/18, under a long-term agreement, if the plan materialises.<br /><br />(Reuters)</div><div> </div><div> </div>
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