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| Gandhinagar

Petronet LNG says to run Kochi LNG terminal at 40% capacity by 2019

Petronet LNG says to run Kochi LNG terminal at 40% capacity by 2019
The Kochi terminal is expected to make a profit of Rs.200 crore in the financial year to March 2019.
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Petronet LNG’s 400km long pipeline connecting the Kochi LNG terminal to be ready in two years, managing director and chief executive officer Prabhat Singh told newswire Reuters on Wednesday.

The Kochi terminal is to run at 40% capacity by 2019 and is expected to make a profit of Rs.200 crore in the financial year to March 2019 versus an expected loss of Rs.350 crore in the current fiscal, he said.

 

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