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Petronet to set up 5 MT terminal at Kochi

17 Feb 2011 Evaluate

Petronet LNG will build a 5 MT import capacity terminal at Kochi by October 2012. Petronet was originally building a 2.5 MT a year import terminal at Kochi by July 2012 at an estimated cost of about $650 million. But the company has now decided to add a few more facilities to double the capacity of the terminal that will cost an additional $70-80 million. The terminal would have to import natural gas in its liquefied state in cryogenic ships and then turn it back into its gaseous state.

Peers
Company Name CMP
Petronet LNG 286.15
Linde India 6199.20
IRM Energy 267.00
Steamhouse India 113.15
Nilachal Carbo Metal 119.50
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