Petronet LNG has said it may have to drop the LNG pipeline project in Kerala if outstanding procedural issues are not dealt with in a time-bound manner. According to AK Balyan, MD and CEO, the target was to complete the project by 27 May. Even assuming that the Puthuvype terminal operated at only 30 per cent, it would still earn the state Rs 900 crore to Rs 1,000 crore annually.
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Many plans in this pipeline
The discovery of gas in the KG Basin has not only changed the nation’s energy vision, but its strategy to transport gas, the old new kid on the block, says Daya Kingston.