SHV Energy Expands Tuticorin LPG Storage Terminal Capacity

SHV Energy has expanded its cryogenic LPG storage terminal facility in Tuticorin by 30,000 tonnes at an investment of about Rs. 5 billion, the company said in a statement.

“The facility, which is situated at the port, will expand from 8,500 metric tonnes to 38,500 metric tonnes, representing an investment of about INR 5 billion," the company said.

The expansion ensures LPG supply to the Indian market, primarily through SHV Energy’s Indian subsidiary Supergas. SHV Energy’s Singapore-based trading unit S&RM (supply & research management) will also supply third parties via the Tuticorin terminal.