Building LPG handling infrastructure is always going to be lucrative proposition in India.
8Given its vast population, the demand for LPG will continue to grow for a long time to come.
88The PPAC has estimated that demand will grow at a CAGR of 2.6% between 2016-17 and 2021-22.
8The domestic demand-supply gap is likely to widen over the years, from 6635 TMT in 2016-17 to 7503 TMT in 2020-21.
8In this context, import of LPG will continue well into the future.
8Keeping this in mind, and now that it has a first rate jetty in place at Paradip, IOC Is planning to make Paradip a marketing and import hub for LPG to cater to all of East India.
8The LPG produced from its Paradip refinery along with imports will be the LPG stock that will then be shipped out via the Paradip-Haldia-Durgapur-Barauni-Patna-Muzaffarpur pipeline to LPG bottling plants in West Bengal and Bihar.
8Lorries will also be used to ferry the LPG.
8The need for another hub was felt after the company's Haldia LPG facility could not take the load on account of severe draft as well as jetty availability problems.
For more details visit indianpetroplus.com
8Given its vast population, the demand for LPG will continue to grow for a long time to come.
88The PPAC has estimated that demand will grow at a CAGR of 2.6% between 2016-17 and 2021-22.
8The domestic demand-supply gap is likely to widen over the years, from 6635 TMT in 2016-17 to 7503 TMT in 2020-21.
8In this context, import of LPG will continue well into the future.
8Keeping this in mind, and now that it has a first rate jetty in place at Paradip, IOC Is planning to make Paradip a marketing and import hub for LPG to cater to all of East India.
8The LPG produced from its Paradip refinery along with imports will be the LPG stock that will then be shipped out via the Paradip-Haldia-Durgapur-Barauni-Patna-Muzaffarpur pipeline to LPG bottling plants in West Bengal and Bihar.
8Lorries will also be used to ferry the LPG.
8The need for another hub was felt after the company's Haldia LPG facility could not take the load on account of severe draft as well as jetty availability problems.
For more details visit indianpetroplus.com
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