Friday , 23 August 2019
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BPCL looking to revive plan to build terminal for imported LNG: Report

BPCL looking to revive plan to build terminal for imported LNG: Report

Bharat Petroleum Corporation’s (BPCL) is reportedly looking to revive its plan to build a terminal for imported Liquefied Natural Gas (LNG) amid increasing domestic demand for the clean fuel.

The company is presently deliberating its options for setting up the LNG terminal. It is exploring locations on both the east and west coasts. It may cost the company around Rs 2,000 crore.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.