Indian Oil Corporation (IOC) has received Coastal Regulation Zone (CRZ) clearance for its LNG terminal at Ennore in Chennai district of Tamil Nadu.
The project, estimated to cost Rs 8,000 crore, will have five million tonne capacity. It will be expanded to 10-15 million tpa in the near future.
Indian Oil has received approval with the following conditions: precautionary measures shall be put in place to prevent leakage of LNG due to any disasters including tidal / tsunami wave, seismic and other natural calamities; disaster management plan shall be put in place to manage emergencies besides oil spill; Contingency Management Plan shall be put in place.
The company has proposed to supply re-gasified liquefied natural gas (RLNG) from the terminal to customers through 10 extensive pipeline networks to the existing and new power plants, fertiliser plants, existing and new industries, CNG / LCNG. Further, LNG will also be supplied by road through cryogenic LNG road tankers to customers.
Related Link:
Project profile