Hindustan Petroleum Corporation Ltd’s (HPCL) Chhara liquefied natural gas (LNG) import terminal in Gujarat will likely begin operations in the next couple of months, with six to seven companies in talks to hire capacity at the facility, the public sector firm’s Marketing Director Amit Garg said Thursday.
Located in Gir-Somnath district, the Chhara LNG terminal, which will have a capacity to import and regasify 5 million tonnes per annum (mtpa) of LNG, marks the public sector refiner and fuel retailer’s entry in the natural gas business. The other two public sector fuel retailers — Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Ltd (BPCL) — are already in the LNG business as two of the four promoters of India’s largest LNG importer, Petronet LNG. IOCL also has its own LNG terminal at Ennore in Tamil Nadu.
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