<div>Petronet LNG is interested in buying a 25 per cent stake in a planned liquefied natural gas (LNG) terminal in Gujarat state, its chief executive said.</div><div> </div><div>Gujarat State Petroleum Corp plans to commission a 5-million-tonne-a-year LNG terminal at Mundra in the western Indian state by 2016. It holds a 50 per cent stake in the project, while Adani group has 25 per cent.</div><div> </div><div>Essar group, which held a 25 per cent stake, has withdrawn from the project.</div><div> </div><div>Petronet's A K Balyan said on 30 April' 2013 that the company would operate its LNG terminal in Kochi in Kerala state at 12 per cent of capacity in 2013/14 due to "pipeline constraints". It will process 4-5 spot LNG cargoes at Kochi during this fiscal year.</div><div> </div><div>It plans to operate the terminal at about 75 per cent of capacity in 2014/15.</div><div> </div><div>(Reuters)</div>
