.@MahuaMoitra IOC imports #LPG from various ports including BD Kandla, Mundra, Pipavav, Dahej, Mumbai & Mangalore on West Coast & Haldia, Vizag & Ennore on the East.
https://twitter.com/MahuaMoitra/status/1625832075504025600
Two more import terminals are coming up at Kochi on West Coast & Paradip on the East. These will be used in due course of time.
IOC enters into agreements with various ports on regular basis to enhance capability to supply LPG across India. For hiring of LPG terminals, OMCs evaluate the infrastructure for suitability for catering to the nearest market at a reasonable cost. No separate tender is invited.
LPG demand in the country is on a constant increase. There are 31.5 cr connections after Ujjwala Scheme; up from 14 cr earlier. OMCs are constantly on the lookout for new port facilities which make commercial sense in Logistics.
Currently there are only two terminals near Vizag - SALPG (South Asia LPG , a JV of TOTAL & HPCL) & EIPL (East India Petroleum Limited- a pvt company). SALPG charges ₹1050 & EIPL charges ₹900 as charges with lower capacity vessel unloading capability.
EIPL facility has no captive connectivity to be used on continuous basis. IOC has just signed a non binding MoU with APSEL till now. APSEL has offered a price of ₹1050 for LPG import terminaling charges with facility of unloading of bigger vessels of refrigerated LPG directly.
This gives an additional advantage compared to SALPG & EIPL as bigger vessels can be quickly unloaded. Such an arrangement will save freight & demurrage due to extra time for evacuation. There is no take or pay liability or any binding agreement, as of now.
Vizag Port imports about 0.7 MMTPA of LPG now. Proposal for new Port is of 0.3 MMTPA. Vizag will continue to be utilised. Availability of multiple terminals will give operational flexibility, increase competition among terminal operators & an opportunity for competitive rates.
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