rss icon Subscribe
desktop mobile

Clearance for IOC's Kochi LPG Terminal

Logo:  Indian Oil Corporation Ltd

By Aiswarya Lakshmi

The National Green Tribunal (NGT) has given a 'go ahead' to Indian Oil Corporation (IOC)'s stalled LPG import terminal project at Puthuvypeen near Kochi in South India.

A statement from IOC said that NGT reaffirmed its previous order dated August 2, 2016, thereby removing the hurdles in resuming its prime infrastructure project in the State. The project work has been stalled since February 15 due to protests, alleging that IOC is violating NGT order.
IOC's project was to construct a LPG Import Terminal of six lakh tonne capacity a year at Kochi in Puthuvypeen SEZ of Cochin Port Trust.
A report in the Hindu quoted PS Mony, General Manager and State Head, Kerala saying that the NGT passed an order confirming that there is no bar on proceeding with the work according to the August 2 order and hence no obstruction should be caused to the project work. In case of any obstruction, IOC is entitled to take appropriate action in accordance with law.
The project also includes laying of a pipeline from the Jetty to Kochi refinery via IOCL's LPG Plant at Kochi. This pipeline would be hooked to Kochi-Salem Pipeline, which is also under construction.

Apr 16, 2017

 

Energy

Oil Slips as Investors Fret About Rising US Drilling

© Volodymyr Shevchuk / Adobe Stock

Oil prices dipped on Monday, reversing earlier gains as concerns about a pick up in U.S.

Baltic Index Down on Weaker Capesize Rates

File Image (CREDIT: AdobeStock) / (c) n neeleman)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk

Halliburton Gains from North American Drilling Surge

File Image (CREDIT: AdobeStock / (c) Edelweiss)

Halliburton Co said on Monday that oil producers are completing nearly as many wells as they are

Environmental

Oil Slips as Investors Fret About Rising US Drilling

Oil prices dipped on Monday, reversing earlier gains as concerns about a pick up in U.S. drilling activity trumped expectations that OPEC will extend output cuts till the end of

European Banks Back Green Shipping Deal

EIB Group’s headquarters in Luxembourg. Photo: European Investment Bank

The European Investment Bank and Dutch bank ABN Amro will sign an agreement to support investments

IMO in China to Share Policies

Image: International Maritime Organization (IMO)

Addressing over 300 industry experts at the Green Shiptech China Congress 2017 (20-21 April)

Maritime Apps