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Petronet LNG: Kochi terminal utilization to stay low
Jul 25: PLL Kochi terminal is expected to improve its capacity utilization going ahead but will still remain very low
8BPCL’s Kochi refinery expansion has been completed while Fertilisers and Chemicals is resuming its gas offtake
8Utilization is expected to improve to 10% in in FY18 when the Kochi-Mangalore-Bangalore pipeline is completed by December 2018.
8Over and above the expansion in Dahej from 15 to 17.5 MMTPA, one additional storage tank has been further approved at a cost of $ 100 million.
8By the way, the power sector seems to be picking up LNG, with Torrent Power accepting a significant 0.5 mmtpa of volume offtake from April 2017.
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