PM inaugurates IOC\'s Ennore LNG terminal

PM inaugurates IOC's Ennore LNG terminal

Press Trust of India  |  Chennai 

Wednesday dedicated to the nation Indian Oil Corp's Rs 5,150 crore LNG import terminal at in

The terminal is the first on the in that will serve customers in the southern and eastern region.

IOC said it bought a shipload of LNG from Swiss trader, for commissioning the terminal. LNG ship 'Golar Snow' carried the from and berthed at the terminal on February 26 morning.

The project and associated pipeline infrastructure projects cumulatively account for investments of about Rs 9,000 crore.

"In order to to various consumers, IOC is laying a 1244-km pipeline for evacuation of gas from The pipeline from will be passing through ManaliThiruvallurPuducherryNagapattinamMaduraiTrichyTuticorinRamnathpuram and a separate line will go to Bengaluru via Hosur," it said.

Imported gas at the terminal will meet fuel requirement Chennai Petroleum Corp Ltd, Madras Fertilisers Ltd, Petroproducts and Manali Petrochemicals Ltd.

Also, from would also cater to the fuel requirements of the industries in and parts of and

"Natural Gas from the terminal would spur the development of upcoming in Chennai, Tiruvallur, Coimbatore, Salem, and Ramanathapuram, which in turn would cater to the requirements of piped natural gas for households, CNG for automobiles and clean fuel requirements of commercial establishments and industries," the statement said.

terminal is part of India's plan to raise the share of natural gas in the country's to 15 per cent by 2030 from current 6.2 per cent.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 06 2019. 20:30 IST