Indian oil group Chennai Petroleum Corporation (CPC) is processing with oil terminal infrastructure plans.
The company will progress with a crude oil terminal, installation on a single point mooring (SPM), offshore facilities for crude imports for its Manali refinery, and an onshore pipeline.
CPC has put up a SPM for crude oil receipts at Ennore, in view of the a long delay in obtaining the right of way for a new crude oil pipeline from Chennai port to Manali Refinery
The SPM project is estimated to cost Rs 850 crore (121.2 million) and it will be erected off Ennore coast along with a crude oil terminal and associated facilities.
The facilities will ensure very large crude carrier (VLCC) handling and would result in savings on the freight for crude oil transportation for Manali refinery.
The project is planned in line with its capacity expansion. The existing crude pipeline is not in good condition and is not able to withstand the pressure.
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