Union Petroleum Minister M Veerappa Moily informed that state-run oil firms ONGC and Bharat Petroleum Corp (BPCL) would enter into a memorandum of understanding (MoU) for setting up a Liquefied Natural Gas (LNG) terminal at Mangalore. The MoU would be signed in the next 15 days, the minister said after commissioning a Rs 4,500-crore pipeline from Dabhol LNG terminal to Bangalore set up by GAIL
Tag: Terminal
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VO Port to set up second container terminal
S Natarajan, Chairman of the VO Chidambaranar Port informed that the management plans to set up a 6 lakh Twenty Foot Equivalent Units (TEU) container terminal in order raise the cargo handling capacity of the port. The terminal project may cost Rs 312.23 crore and concessionaire would offer gross revenue share of 55.19 percent. This would be the second container terminal of the port
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GSPL expects recovery in volumes
Manish Sheth, Chief Financial Officer of Gujarat State Petronet (GSPL) expressed hope that the gas transmission volume of the company would recover once the global gas prices decline to some extent. In the last 11-12 quarter, the company has been witnessing fall in its volumes because of continuous fall in gas production from KGD6 basin. GSPL's transmission volu
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GSPL expects recovery in volumes
Manish Sheth, Chief Financial Officer of Gujarat State Petronet (GSPL) expressed hope that the gas transmission volume of the company would recover once the global gas prices decline to some extent. In the last 11-12 quarter, the company has been witnessing fall in its volumes because of continuous fall in gas production from KGD6 basin. GSPL's transmission volu
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Plan panel suggests PPP model for Vizhinjam project
Minister for Ports and Excise in Kerala K Babu informed that the planning commission suggested the state government to go ahead with the PPP model to develop the Vizhinjam international seaport port. The state government plans to carry out the port development, along with the external infrastructure wor
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Plan panel suggests PPP model for Vizhinjam project
Minister for Ports and Excise in Kerala K Babu informed that the planning commission suggested the state government to go ahead with the PPP model to develop the Vizhinjam international seaport port. The state government plans to carry out the port development, along with the external infrastructure wor
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Shell India mulls $1 bn investment in LNG terminal
In a joint venture with Anil Ambani Group firm Reliance Power, Anglo-Dutch oil giant Royal Dutch Shell is building a floating liquid gas (LNG) terminal off Kakinada in Andhra Pradesh. The company plans to invest $1 billion in the terminal project by 2014 as it bets big on gas retailing in the energy defici
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Shell India mulls $1 bn investment in LNG terminal
In a joint venture with Anil Ambani Group firm Reliance Power, Anglo-Dutch oil giant Royal Dutch Shell is building a floating liquid gas (LNG) terminal off Kakinada in Andhra Pradesh. The company plans to invest $1 billion in the terminal project by 2014 as it bets big on gas retailing in the energy defici
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JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portĆās capacity by over 5.2 million stan
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JNPT Chief: may invite tenders for terminal project soon
L Radhakrishnan, Chairman of the Jawaharlal Nehru Port Trust (JNPT) informed that the port authority would float new tender for the rebidding of its Rs 8,000 crore fourth terminal project next month. He said the project, which is now bifurcated into two, will increase the portĆās capacity by over 5.2 million stan