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HPCL achieves maiden 100 TMT of gas sourcing & marketing

Hindustan Petroleum Corporation Limited (HPCL) has achieved its maiden 100 TMT of gas sourcing and marketing during the current financial year
HPCL achieves maiden 100 TMT of gas sourcing & marketing
HPCL achieves maiden 100 TMT of gas sourcing & marketing

New Delhi: Hindustan Petroleum Corporation Limited (HPCL) has achieved its maiden 100 TMT of gas sourcing and marketing during the current financial year. Until today, HPCL has imported 10 LNG parcels from various countries such as Nigeria, Oman, the USA, UAE, etc., in addition to sourcing domestic Gas. "In the changing landscape in the energy sector, Hindustan Petroleum Corporation Limited (HPCL) is committed to the expansion of Infrastructure to enhance its presence in the gas value chain", OMC said in an official statement on Thursday.

HPCL had commenced its humble journey of souring gas from domestic and international markets during 2020. The portfolio of gas sourced is being marketed to various downstream customers through the national pipeline grid. The gas is marketed majorly in the states of Gujarat, Maharashtra, Rajasthan, Punjab, Madhya Pradesh and Uttar Pradesh.

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In addition to marketing to various customers, HPCL is expanding its presence in the gas value chain by setting up an exclusive city gas distribution network in 10 geographical areas. With this HPCL would be present in 20 geographical areas and 34 Districts.

In addition to the above, HPCL also recently commissioned its first Mother Station and City Gate Station in Sonipat District, which will give a boost to marketing of CNG volume and profitability. 

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