Petronet Lng Ltd vs Indian Petro Group And Another on 13 April, 2009 crore expected to be spent on providing common internal roads, security, boundary wall, drains, street lights and gate office for sez, PLL will foot one- fourth of the bill. PLL will also bear half the expense of the Rs.18 crore expected to be spent on a direct road connectivity to Puthuvypeen." CS(OS) No.1102/2006 (ii) "LNG sourcing for Kochi terminal : PLL, Exxon Mobil and offtakers agree on various issues but pricing remains a problem. April 26 : Exxon Mobil is in active negotiations with Petronet LNG and the three offtakers of LNG- BPCL, IOC and GAIL for supply of LNG to the Kochi terminal from the Multinational's share of gas from the $7.30 billion Gorgon LNG Project in Australia. The following issues came up for discussion; Completion of the terminal before the date of commencement of supply. This is to be done by removing obstacles preventing completion or facilitating adequate financing to cover all EPC or other costs associated with construction and completion of receiving facilities, Construction of necessary pipelines connecting Kochi terminal customers. Till the receiving facilities are completed, obligation under Sales and Purchase agreement (SPA) will remain in place. However, to mitigate take-or-pay obligations in the event of delayed completion, diversion of cargoes will take place to other terminals in India. However, in the case of force-majeure, this guarantee shall not be enforceable. Though it was agreed that the off-takers would resolve the pattern of offtake between themselves and communicate it to Exxon Mobil, the later requested for a speedy decision in the matter. Exxon Mobil also said PLL should revisit the pricing agreement proposed in view of the rise in prices of petro products. PLL and the offtakers promised to take up the issue in the next meeting." (iii) "LNG transportation : PLL shortlists shipowners, moots Speical Purpose Company April 26: Petronet LNG Ltd., (PLL) is addressing the issue of long-term requirements of LNG through a twofold strategy. They are : Selection of shipowners for transportation of LNG, and Creating a Special Purpose Company for transportation of LNG to India by PLL or its subsidiary/ nominee. Regarding selection of shipowners for transportation of LNG for its Kochi terminal, a fresh bidding process is on. After extension of the last date for bidding from February 24, 2006 to March 3, 2006, the pre-qualification document was procured by 14 parties. Out of these, 6 companies have been short listed and these shall be issued the bidding document (RFP). The six companies are : CS(OS) No.1102/2006 NYK Lines MISC Berhad Indian Kanoon - http://indiankanoon.org/doc/8534067/ 4