Petronet’s Kochi LNG terminal to start in two months

August 23rd, 2012 - 6:52 pm ICT by IANS  

Kochi, Aug 23 (IANS) The Petronet LNG Ltd. (PLL) terminal here in Kerala is likely to be commissioned within two months, a top official said Thursday.

The liquefied natural gas (LNG) regasification terminal, a greenfield project, will have a capacity of five million metric tonnes per annum.

Ninety-seven percent of work in the first two phases of the Rs.4,200 crore terminal in Puthu Vypeen near here is complete, the official said.

PLL’s promoters are Gas Authority of India Ltd., Oil and Natural Gas Corporation, Indian Oil Corporation and Bharat Petroleum Corporation Ltd.

PLL managing director A.K. Balyan said that by next year, companies here would be using LNG from the terminal, supplied either through pipelines or trucks.

LNG would be made available to factories within 50 sq km of Kochi.

In the next phase, LNG would reach Bangalore and Mangalore through pipelines.

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