Chennai Petroleum will operate the upcoming Nagapattinam liquids storage terminal, located in Tamil Nadu, 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 Indian Oil, National Iranian Oil, and others and is expected to start operations in 2025. Buy the profile here.
Expected to be operational in 2025, the terminal will primarily store chemicals, crude oil, and petroleum products and will have pipeline and sea access.
About Chennai Petroleum
Chennai Petroleum Corp Ltd (CPCL) formerly known as Madras Refineries Limited (MRL), is a state-owned oil refining company. It is a subsidiary of Indian Oil Corporation Limited. The company offers a range of petroleum and specialty products. CPCL’s product portfolio includes liquefied petroleum gas, superior kerosene, motor spirit, aviation turbine fuel, naphtha, high-speed diesel, bitumen, paraffin wax, lube base oils, furnace oil, propylene, butane and hexane among others. CPCL owns and operates two refineries: Manali Refinery in North Chennai and Cauvery Basin Refinery (CBR) in Nagapattinam, Tamil Nadu The company caters its products to various industries that include fertilizers, power, petrochemicals, roadways, railways and airways. CPCL is headquartered at Chennai, Tamil Nadu, India.
For more details on the Nagapattinam liquid storage terminal, buy the profile here.