SHV Energy has expanded the cryogenic LPG storage terminal facility in Tuticorin via the Singapore-based trading unit S&RM (Supply & Research Management). The facility, situated at the port, expanded from 8,500 metric tons to 38,500 metric tons, representing an investment of about INR 500 Cr. The terminal expansion was inaugurated on the 17th of November in the presence of Mr. Bram Graber, CEO of SHV Energy; Steven Sels, Management Board Member and Mr. Santanu Guha, CEO of SUPERGAS. Mr. Bram Graber, a World LPG Association (WLPGA) Board of Directors member, was also present at the World LPG Week 2022, held in New Delhi.
Project Highlights:
1) Securing the energy needs through LPG
2) Strengthening LPG infrastructure by additional storage of 30,000 MT
3) Enhancing the LPG throughput from the existing 0.35 MMTPA to 1.2 MMTPA
4) Availability of Propane and Butane (apart from straight-run LPG) to cater to the industrial needs
5) 3 million plus safe man-hours without any loss-time incident during the project stage
SUPERGAS's strategy for expanding this terminal is to ensure that our customers have easy and affordable access to LPG. This expansion will allow us to offer government-run oil companies both the LPG and the storage facilities they need, thereby optimizing logistics and strengthening the overall LPG landscape in India.
