BPCL, ONGC and Mitsui’s Rs 5,000 crore LNG terminal on the back burner / تین نیوز

-TIN news: Over two years after the state-run Oil and Natural Gas Corporation (ONGC), with its consortium partners Bharat Petroleum Corporation Limited (BPCL) and Japanese conglomerate Mitsui, signed a memorandum of understanding to set up a re-gasification LNG terminal at New Mangalore Port, the project is again on the back burner. The consortium had in March 2013 signed the MoU to carry out a feasibility study for a 2-3 million metric tonnes per annum (mmtpa) terminal, which could be expanded to 5 mmtpa. “Kochi LNG terminal still remains under-utilised. So we are giving it a serious thought w