23-25 Oct, 2017 - Dubai, U A E
The H Dubai
The H Dubai
India’s state-run Indian Oil Corporation Ltd (IOCL) is enhancing its LPG production facilities in the southern states of Kerala and Tamil Nadu. There is an increased demand for LPG that is growing at 11% annually.
The facility augmentation works include construction of LPG import terminal at Puthuvypin in Kochi and a 498 km pipeline jointly implemented by IOCL and Bharat Petroleum Corporation Ltd. (BPCL).
Built at a cost of close to Rs 3000 crore, the projects – under construction – are expected to be completed in February 2018.
The pipeline will connect the import terminal at Puthuvypin with BPCL Kochi Refinery, IOCL’s Kochi bottling plant and BPCL’s upcoming bulk LPG terminal at Palakkad before terminating at Salem. It will feed IOCL’s LPG bottling plants at Coimbatore and Erode as well.
Inter-state bullet truck movement transporting LPGF is slated to be cut down by 20-30 per day from the present 70-80 trucks plying daily from Mangalore to Kerala LPG plants.
The Kochi plant’s current capacity can only store 1.5 days of LPG production. The new augmentation work will also expand storage capacity to 8 days of LPG production – which can be helpful to meet demand during emergency strikes or during supply shortages.
More about Indian’s LPG markets will be discussed at 12th LPG Trade Summit on 23-25 October in Dubai.
Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more information.
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