Oil and gas PSUs help in transporting Liquid Medical Oxygen

12 May 2021 CW Team

The Ministry of Petroleum and Natural Gas told the media that oil and gas public sector undertakings (PSUs) are working to help the nation in its efforts to fight the second wave of the Covid-19 pandemic.

They are primarily working on finding transportation solutions for Liquid Medical Oxygen (LMO).

The ministry stated that presently, there are 12 tankers and 20 ISO Containers with a capacity of 650 mt. The figures are persisting to enhance substantively, with the numbers likely to increase up to 26 tankers and 117 ISO containers with the capacity of 2,314 mt by the end of this month.

It also notified that 95 ISO Containers with a capacity of 1,940 mt are being purchased. Orders have already been placed for 30 ISO containers, with a capacity of 650 mt while negotiations are initiated for the containers left.

Orders have been placed for 10,000 cylinders of 40 to 50-litre capacity and 300 cylinders of larger capacity (150 of 500 litres and 150 of 450 litres). Dispatch of these cylinders is likely to commence soon.

These organisations are also importing Liquid Oxygen. Around 900 mt of Liquid Oxygen is being imported on a Gratis basis from Bahrain, UAE, Saudi Arabia, Kuwait and Thailand.

A part of the consignment has already been obtained, while a part of it will be received soon. Meanwhile, 12,840 mt of liquid oxygen is being imported, on a commercial basis, taking a total number of imports to 13,740 mt.

Image Source

Also read: Railway ministry’s Oxygen Expresses deliver 831 mt of oxygen in 24 hours

Also read: PSUs mount huge oxygen operations in the fight against Covid

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..