LNG terminal capacity to be doubled at Kochi: Petroleum SecretaryNovember 22nd, 2010 - 7:43 pm ICT by ANI
By Juhan Samuel
Kochi, Nov.22 (ANI): Union Petroleum Secretary S. Sundareshan has revealed that the terminal capacity of Liquefied Natural Gas (LNG) would be doubled at Kochi.
He also said the meeting of board of directors of Petronet LNG has decided to increase the existing capacity from 2.5 million tonnes to 5 million tonnes.
“In principle, we have decided to give the go ahead to expand the capacity of the LNG terminal at Cochin (Kochi) from 2.5 million tonnes to 5 million tonnes and the final proposal in this regard will be considered for approval at the next board meeting,” said Sundareshan.
He also informed about the new investments that will be made in the State.
“Over 10,000 crore (rupees) is going to be invested in Kerala. About 3,700 crore on the LNG terminal which is coming up in Cochin, about 5,000 crore is going to be invested by Gas Authority of India Limited (GAIL), in the pipeline network that is coming in the State,” said Sundareshan.
Sundareshan further added that the Iran-Pakistan pipeline project is being discussed and companies like GAIL and Indian Oil Corporation are in talks with the Government over the matter.
GAIL chairman B C Tripathi, Apurva Chandra Petroleum Ministry Joint Secretary D. K. Saraf, Oil & Natural Gas Corporation (ONGC) Director A. K. Balya, Petronet Managing Director S. Radhakrishnan, Chairman-cum-Managing Director of Bharat Petroleum Corporation Limited (BPL) and Director (Finance) of Indian Oil Corporation (IOC) S. V. Narasimhan were also present at the press meet. (ANI)
- Petronet's Kochi LNG terminal to start in two months - Aug 23, 2012
- Gail, Tidco to set up a JV power plant in Tamil Nadu - May 11, 2012
- Kerala signs accord with Gas Authority for pipeline network - Sep 14, 2009
- India seeks more gas, oil from Qatar - Apr 02, 2012
- Russia's Gazprom to supply LNG to India - Jul 21, 2011
- India asks Qatar for additional 3 mn tonnes of gas - Apr 23, 2012
- Petronet LNG to soon finalise investment in power sector - Sep 08, 2011
- IOC to set up LNG terminal in Chennai - Mar 22, 2012
- Qatar to supply additional LNG to India - Mar 22, 2010
- 11,000 km of LNG pipelines laid so far - Aug 21, 2012
- India seeks more crude oil imports from Nigeria - Mar 16, 2011
- Natural gas to power HLL Lifecare factories - Jul 07, 2011
- India asks Saudi Arabia to hike crude oil supply - Feb 23, 2012
- Consortium to invest Rs.12,500 crore in gas pipeline project - May 21, 2011
- Rs.10,000 cr power plant proposal for Tamil Nadu - May 24, 2010
Tags: apurva, bharat petroleum, bharat petroleum corporation, bharat petroleum corporation limited, bpl, chandra, crore rupees, director finance, final proposal, indian oil, indian oil corporation, iran pakistan, liquefied natural gas, narasimhan, petroleum ministry, pipeline network, pipeline project, s radhakrishnan, saraf, tripathi