IOC’s LNG terminal will be ready in 2018
Indian Oil Corporation Ltd’s (IOC) Rs. 5,151-crore liquefied natural gas (LNG) import terminal with a
capacity of five million tonnes per annum is expected to be completed by March 2018.
The LNG terminal would be an important product distribution point in south India. Union Minister of
State for Petroleum Dharmendra Pradhan, who visited Ennore in north Chennai, where the facility is
coming up, on Sunday, tweeted saying LNG tanks were the size of football fields and are to be made of
cryogenic material to keep the gas in liquid state.
The Minister, who reviewed the progress of the work that began in November 2015 with senior officials,
said LNG would be used as gas-based feedstock in fertilizer industry. It would replace naphtha.
“The project spread over approximately 130 acres of land inside Kamarajar Port Limited would benefit
the State in terms of employment generation and better availability of this clean fuel,” he said.
Sources said at least 23 per cent of the construction work was over, including pile foundation, onshore
pipe tresdle and construction of some buildings. Major equipment has been ordered and is in different
stages of procurement.