Established in the year 1964 with its headquarters in New Delhi, IOC or Indian Oil Corporation is India’s oil and gas company. It is superb to mention that this IOC is the largest commercial enterprise in India and it has got as many as 34999 employees working according to the 2017 data.
The news is the dry run for the Rs 5151 crore facility with a capacity of 5 million tonnes per annum would be conducted in the month of August in 2018 and by the month of October this year Liquid natural gas or LNG import terminal would be commissioned in Ennore, Chennai. Presently the work on this LNG import terminal is 92 percent completed.
It is now brought out that the terminal would be able to receive first consignment to test its LNG tanks when the work gets fully completed.
Cryogenic materials are used for constructing tanks and these tanks store the gas in liquid form at a temperature of minus 162 degrees centigrade. It was in the year 2015 the work on the construction of the terminal was first started.
One important piece of information is terminal would receive the gas in the form of a liquid as it is easier for transporting, re-gassified and supplied to the consumers as gas through pipelines.
This natural gas could replace naptha and would be making its presence felt as gas based feedstock in the fertilizer industry. The natural gas would be supplied to many industries in Manali and industries like CPCL, MFL etc would be benefited.