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Petronet LNG likely to commission five mtpa Kochi plant by March 2013

14 Dec 2012

Petronet LNG is planning to commission its five mtpa Kochi plant by the March 2013 quarter. However, the non-availability of pipeline infrastructure that is crucial for transmission of gas in states of Karnataka and Kerala will limit the benefit to one mtpa. Further, the benefits from the new capacities are not likely to accrue in the near term.

From this terminal, the company plans to address customers such as NTPC Kayamkulam, BSES Kochi, Kasargod power station, KPCL Bidadi near Bangalore, and Mangalore Chemicals and Fertilizers.  In the September quarter, the company’s volumes increased 6.3 per cent to 135 trillion British thermal units (TBTU), or 2.6 million tonnes, as compared to 127 TBTU in the June quarter.

Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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