9th December, 2003
Ministry of Petroleum & Natural Gas


FINANCE FOR LPG STORAGE FACILITY


RAJYA SABHA

Smt. Sumitra Mahajan, Minister of State for Petroleum & Natural Gas informed the Rajya Sabha today in a written reply that Oil Industry has proposed setting up of 305 Thousand Metric Tonnes (TMT) additional tankage for LPG, to have an overall demand cover of 45 days by the year 2006-07 at the estimated cost of Rs. 5 crore per TMT. Oil industry has suggested to meet the requirement of fund through OIDB.

   
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