British oil and gas major BP is evaluating various options to import liquefied natural gas (LNG) jointly with its India partner Reliance Industries.
This information was given by Alan Haywood, President for Downstream Gas and Head of Commercial Development at BP on the sidelines of Petrotech 2012 conference.
India Gas Solutions, BP's equal joint venture with RIL, has already been incorporated and will focus on gas sourcing and marketing, development of infrastructure for transportation and marketing of gas within the country.
BP is currently developing a huge LNG project in Indonesia named Tangguh, where it aims to produce around 7.6 trillion feet of LNG sourced from six offshore fields.
BP last year bought a 30 per cent interest in 23 oil and gas of RIL for $7.2 billion and formed a joint venture with RIL for sourcing and marketing of natural gas.
Haywood did not say if BP-RIL combine may look at putting up a LNG import facility or would prefer to lease capacity in one or more the existing terminals for its imports.
Earlier, BP India head Sashi Mukundan stated that the joint venture would finalise investment plans for downstream gas sector in 2013.