Prosad Dasgupta, Chief Executive from Petronet LNG ltd, told reporters that the company is in talks with the Canadian producer Interoil in buying more liquefied natural gas. India's Petronet is the country's largest liquefied natural gas importer.

Prosad Dasgupta told media on the sidelines of the 4th Annual LNG conference in Perth that petronet has "started discussions with the Exxon initiative" in Papua New Guinea over buying LNG from the Exxon Mobil Corp.-led (XOM) PNG LNG project.

However, Dasgupta added, "You have just seen the tip of the iceberg right now - Gorgon will have at least two more trains and I still prefer to do more deals with Gorgon." In connection to the Indian company's recent agreement to buy 1.5 million tones LNG per year for 20 years from Exxon Mobil's share of the Gorgon project in Western Australia state.

The final environmental clearance was given to the Gorgon by the Western Australian government for its proposed 3-train which will produce 15 million tons of LNG per year.

Chief Executive, Mr. Dasgupta also cleared that apart from buying more Gorgon and PNG gas for its Indian ioport terminals, Indian Petronet is also trying to establish its own LNG plant at the Western Australian government's proposed Kimberley hub, north of Broome.