To make Kerala a surplus liquefied petroleum gas (LPG) state by 2015, Indian Oil Corporation (IOC) and Bharat Petroleum Corporation (BPCL) Kochi Refinery have taken up projects. The projects, being undertaken by the two State-owned companies are expected make available about 1,700 tmt (thousand metric tonnes) of LPG in the state.
The current requirement is 720 mt, even though 92 per cent of households in the state have gas connections. The IOC director board, in a recent meeting, cleared the proposal to set up an LPG importation terminal at Puthuvypeen near Kochi.
It is expected that the Rs 600-crore terminal, with a capacity to store 600 tmt of LPG, would go on stream in 24 months, IOC sources in Mumbai said over the telephone. LPG will be imported in Kochi from other countries.
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