Hindustan Petroleum will operate the upcoming Mumbai IV liquids storage terminal, located in Maharashtra, India. According to GlobalData, who tracks more than 5,000 active and developing liquids storage terminals worldwide, the liquids storage terminal will be owned by Oil and Natural Gas and is expected to start operations in 2021. Buy the profile here.
Expected to be operational in 2021, the terminal will primarily store crude oil and petroleum products and will have pipeline and sea access.
About Hindustan Petroleum
Hindustan Petroleum Corp Ltd (HPCL) is a downstream energy company that carries out crude oil refining, transportation and marketing of petroleum products. It also carries out exploration and production in India and other countries. The company operates refineries in Mumbai and Visakhapatnam in India. It also has liquefied petroleum gas (LPG) bottling plants and lube blending plants. Its distribution and marketing infrastructure includes product pipelines, LPG storage facilities, terminals, aviation service stations, inland relay depots and retail outlets, lube and LPG distributorships. The company also manufactures sugar and ethanol, and generates electricity. It is a subsidiary of Oil and Natural Gas Corp Ltd. HPCL is headquartered in Mumbai, Maharashtra, India.
For more details on the Mumbai IV liquid storage terminal, buy the profile here.