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Andhra inducts Shell in SPV for natural gas project

Hyderabad, July 10 : Andhra Pradesh has decided to induct oil major Shell with 26 percent equity in the proposed Special Purpose Vehicle (SPV) for setting up of a floating, storage and re-gasification (FSRU)-based liquefied natural gas terminal in Kakinada.”The project will provide direct and indirect employment to 2,000 people.” Andhra inducts Shell in SPV […]