Petronet's Kochi LNG Terminal to Run at Capacity in Two Years

Petronet LNG will operate its upcoming Kochi terminal in the southern state of Kerala at full capacity from 2014 as the pipeline, linking the terminal with customers in Bangalore and Mangalore has been delayed, Reuters quoted chief executive A.K. Balyan as saying.

"We will be commissioning the terminal on schedule by the end of this year but will operate at the full capacity of 5 million tonnes a year from 2014," he told reporters.

He said the delay was mainly owing to land-related issues.

Petronet is partly owned by GAIL (India), Indian Oil Corp and refiner Bharat Petroleum Corp.