Work yet to start on Rs.5,150-crore LNG project
OIL & GAS

Work yet to start on Rs.5,150-crore LNG project

Indian Oil Corp (IOC) is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore. This project will be implemented through a JV with IOC holding 45 per cent stake in the project while Tamil Nadu government enterprise, TIDCO holding 5 per cent holding. Balance 50 per cent will be held by financial institutions.

Contact: Indian Oil Corporation.
Tel: 0484-231 9898.
Website: www.iocl.com

Indian Oil Corp (IOC) is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore. This project will be implemented through a JV with IOC holding 45 per cent stake in the project while Tamil Nadu government enterprise, TIDCO holding 5 per cent holding. Balance 50 per cent will be held by financial institutions. Contact: Indian Oil Corporation. Tel: 0484-231 9898. Website: www.iocl.com

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