Foresight Group to invest $500 mln in Indian oil and gas- Interfaxenergy

27 / 11 / 2018

UK-based based Foresight Group has announced it will invest $500 million in India over the next five years in upstream oil and gas projects as well as in LNG facilities, according to The Economic Times.

The company has decided to invest $250 million in developing LNG infrastructure in India as part of the government’s Sagar Mala project, a programme that aims to boost India’s maritime sector. Foresight has invested $600 million in offshore drilling over the past three years.

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