IndianOil, BPCL And HPCL Ink JV For Kandla-Gorakhpur LPG Pipeline Project

IndianOil, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had signed a joint venture in New Delhi for Kandla-Gorakhpur LPG Pipeline Project. They will be laying the world’s longest LPG pipeline from Kandla (Gujarat) to Gorakhpur (UP).

The 2,757-km cross-country pipeline will connect three major States with the west coast to reach LPG to 22 bottling plants of the three Oil Marketing Companies (OMCs). The Kandla-Gorakhpur LPG Pipeline is estimated to cost about Rs10,000 crore. It would be implemented by a Joint Venture Company of IndianOil with 50% shareholding. BPCL and HPCL will have 25% share each. 

Source- The Hindu Business Line

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