News & Events

Shri. K. Siddaramaiah, Hon'ble Chief Minister,Government of the Karntaka has invited Mr. Ajay Kumar, CMD Fox Petroleum Limited on 10th September,2014 , Wednesday at CM’s Home office “Krishna” in Bangalore for a presentation on Fox Petroleum’s Proposal for setting up Floating Storage Re gasification Unit (FSRU) LNG Terminal Offshore to process 1 billion cubic feet (bcf) of gas per day and a storage capacity of 330,000 m3 of LNG Onshore and same capacity Offshore to cater the Energy Need of the State of the Karnataka.

Noted financial consulting company CONDITION International Consulting has agreed for a Term Loan for Financing the Oman – India (LNG + Crude Oil) Pipeline project of Fox petroleum Limited against International acceptable Bank Guarantee as provided from any one of the top 25 rated International banks.