five million ton Liquefied Natural Gas Terminal coming up at the Kamarajar port
in Ennore is likely to be commissioned in the next four months. The terminal
project conceived way back in 2000 was indefinitely delayed and work commenced
only a few years ago.
Indian Oil Corporation which is putting up the project,had dragged its feet for
many years before zeroing in on the project. This will be the first LNG
terminal to come up in the East Coast and other ones being set up at Dahej in
Gujarat and Cochin.
terminal being set up at a cost of Rs 5,151 Crores and is expected to ready by
December. Pipelines are being laid to various places in Tamil Nadu to carry the
gas from the Ennore terminal to industries and also to carry other petroleum
products. The prime beneficiaries of the project are Madras Fertilizers and Southern
Petro Chemicals SPIC in Tuticorin which can now use natural gas a feed stock.
Currently they are using the expensive naphtha as feed stock.
will also be investing funds for City Gas projects in Coimbatore and Salem
where is has won the distribution bids recently.
Petroleum Corporation Ltd (CPCL), a subsidiary of the Indian Oil Corporation
(IOC), has planned a capital expenditure of Rs 30,000 crore to expand its
refinery capacity at Narimanam in central Tamil Nadu to 9 million ton per
the IOC group level IOC and group company CPCL will be investing about Rs
37,112 crore in Tamil Nadu. The existing refinery has a capacity of 0.5 million
tons. The expansion would help availability of petroleum products in Southern
Tamil Nadu CPCL has a standalone refinery in North Chennai with 12 million ton
capacity. This is the only refinery in the state and there has been demand for
another refinery to cater to the needs of southern tamil nadu.
investments in the state will include pipeline expansion, construction of
captive jetty, additional facilities for petrol and diesel handling, POL
(petroleum, oils and lubricants) terminals at an outlay of Rs 7,112 crore in
the next three years, said R Sitharthan, executive director (Tamil Nadu and
Puducherry), IOC. Besides, CPCL will be expanding its refinery capacity at
Narimanam to 9 million ton per annum at an outlay of about Rs 30,000 crore, he