CHENNAI: Petrogaz India, a subsidiary of Petrodec Group, has commissioned its state-of-the-art LPG import and storage terminal, set up at a cost of Rs 600 crore, the company said on Saturday.
Adani Krishnapatnam Private Port in the neighboring state of Andhra Pradesh and the new facility located within Krishnapatnam will benefit private marketers as well as residential, commercial, industrial and automotive consumers.
The new facility, launched with an investment of Rs 600 crore, will enable Petragaz to provide cost-effective and reliable solutions to LPG marketers, the company said in a statement.
With an annual capacity of over 1.5 million metric tonnes, the facility has excellent road connectivity to the hinterland of Tamil Nadu, Telangana Karnataka and Andhra Pradesh.
The terminal has two refrigerated storage tanks, a modern jetty with n congestion and capable of accommodating all types of LPG vessels, 16 truck loading bays etc.
“State oil companies can utilize the capacity of our terminal to improve LP supply to the hinterland, optimize logistics and strengthen India’s LP landscape,” said Sushil Raina, CEO of Petrogaz India.
This new facility will benefit private marketers and bottlers by improving access to LPG infrastructure, Raina said.
Petredek Group is an integrated LPG company that owns and operates a modern fleet of 35 LPG carriers. It has a presence in the LPG downstream sector with three LPG import terminals in the Indian Ocean, the statement said.
Adani Krishnapatnam Private Port in the neighboring state of Andhra Pradesh and the new facility located within Krishnapatnam will benefit private marketers as well as residential, commercial, industrial and automotive consumers.
The new facility, launched with an investment of Rs 600 crore, will enable Petragaz to provide cost-effective and reliable solutions to LPG marketers, the company said in a statement.
With an annual capacity of over 1.5 million metric tonnes, the facility has excellent road connectivity to the hinterland of Tamil Nadu, Telangana Karnataka and Andhra Pradesh.
The terminal has two refrigerated storage tanks, a modern jetty with n congestion and capable of accommodating all types of LPG vessels, 16 truck loading bays etc.
“State oil companies can utilize the capacity of our terminal to improve LP supply to the hinterland, optimize logistics and strengthen India’s LP landscape,” said Sushil Raina, CEO of Petrogaz India.
This new facility will benefit private marketers and bottlers by improving access to LPG infrastructure, Raina said.
Petredek Group is an integrated LPG company that owns and operates a modern fleet of 35 LPG carriers. It has a presence in the LPG downstream sector with three LPG import terminals in the Indian Ocean, the statement said.
