Question : LNG PETRONET PROJECT AT KOCHI



(a) the details and the present status of on going LNG petronet project at Kochi;

(b) the proposed date of completion of this project;

(c) the funds allocated for this project and disbursed so far;

(d) whether the Government has assessed the scope of expansion of this project;and

(e) if so, the details thereof?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI JITIN PRASADA)

(a) to (e): Petronet LNG Ltd. (PLL), a Joint Venture Company, is setting up an LNG project at Kochi, Kerala; the same is progressing as per the schedule. The project is expected to be commissioned in the first quarter of 2012. The project is estimated to cost around ` 3600 crore and is being financed through a mix of debt & equity. Initial capacity of the project is 2.5 million metric tonne per annum (mmtpa), which can be expanded to 5.0 mmtpa depending on market potential and associated infrastructure.