NEW DELHI: With a view to tap the potential of the non-subsidised domestic LPG sector, Total Oil India Private Limited commissioned its new LPG unloading facility at Berth No. 13 of the New Mangalore Port Trust (NMPT) recently.
A release here said though Total Oil’s market share in the country is less than 1 per cent with the public sector oil marketing companies holding the majority, it is hopeful of getting new customers after many have been giving up LPG subsidy.
Speaking after the launch of the facility, Chairman and Managing Director of Total Oil India Vijay Kumar Balakrishnan said there was an urgent need to augment the LPG import capability to keep up with the burgeoning demand.
He said the unloading arrangements put up by Total Oil on Very Large Gas Carriers (VLGC)-capable Berth No. 13 would go a long way in easing LPG supplies to south India in a cost-effective way.
NMPT Chairman P.C. Parida, who inaugurated the facility, said the port is upgrading Fire Fighting system at Berth No. 13 to handle the VLGC.
He added that the port has the capacity to handle around three million tonnes of LPG at present and it could be increased to meet the market requirements in future.
Total Oil India is a fully owned subsidiary of Total, SA France, and is engaged in marketing of LPG, Lubricants, Bitumen and Special Fluids in India.
