Expect 40 percent capacity utilisation of Kochi terminal by CY18: Petronet LNG

The CERAWeek India Energy Forum is underway in New Delhi; CNBC-TV18's Nithya Balakrishnan caught up with Prabhat Singh of Petronet LNG and asked him about the status of the Kochi terminal project and other developments.

We are upbeat on Kochi and utilising the terminal by 15-16 percent, said Singh.

In phase-1, the pipeline connected was around 45-47 kilometres and today we are doing more than 3 million cubic meter of gas, he said.

He further said that GAIL is laying out the Kochi-Mangalore pipeline. According to him, GAIL is likely to complete Kochi pipeline ahead of schedule.

Singh expects 40 percent capacity utilisation of Kochi terminal by CY18.

Petronet is looking at increasing presence outside India, Singh said.

Watch accompanying video for more details.