MOSCOW (MRC) -- Mangalore Refinery and Petrochemicals (MRPL) has signed a memorandum of understanding (MoU) with New Mangalore Port Trust (NMPT) to study the feasibility of setting up an LNG re-gasification terminal in Mangaluru, said Livemint.
This MoU will facilitate to initiate feasibility and other associated studies to identify the most suitable location for the facility, and to consider the option of setting up LNG terminal/Floating Storage Regasification Unit (FSRU). Once set up, LNG terminal will bring cleaner and greener energy as a fuel option to the entire Mangaluru region and it will be advantageous to industries using naphtha as fuel.
MRPL, a subsidiary of state-run exploration firm Oil and Natural Gas Corporation (ONGC), runs a coastal refinery in southern Karnataka state with a capacity of 300,000 bpd.
As MRC informed earlier, in June 2015, Mangalore Refinery and Petrochemicals Ltd (MRPL) commenced commercial production of polypropylene (PP) in Mangaluru. The company informed the BSE on Thursday that MRPL successfully commenced commercial production of polypropylene from its polypropylene plant as part of its phase-III refinery expansion and upgradation project on June 18. The plant has a capacity to produce 4,40,000 tonnes of polypropylene per annum.
Mangalore Refinery and Petrochemicals Limited (MRPL), is an oil refinery at Mangalore and is a subsidiary of ONGC, set up in 1993. The refinery is located at Katipalla, north from centre of Mangalore city. The refinery was established after displacing five villages of Bala, Kalavar, Kuthetoor, Katipalla, and Adyapadi.
MRC