The huge prospects of capacity addition in power generation in the country make it a market of large potential for natural gas, he said at a meeting organised by the Confederation of Indian Industries (CII). India's enormous demand for natural gas needs to be met by a combination of domestic natural gas, imported pipeline gas and LNG imports, Imle said adding that Unocal is planning to exploit each of these options.

Unocal currently has bid for two LNG import terminals in the country -- at Ennore in Tamil Nadu and at Maroli in Gujarat. The Ennore project is a 2.5 million tonne LNG import terminal with a 1800 mw power project along withit.The company also has long term plans for bringing natural gas to the country via pipelines from production centres in Turkmenistan, Iran, Bangladesh and Myanmar.