The slow pace of laying of the inter-state pipeline, and the delays in signing up for marketing tie-ups for the sale of natural gas is likely to delay the commissioning of the Petronet LNG Terminal at Puthuvype near here.
The project was earlier scheduled to be completed by the year-end and later re-scheduled to next January. But the inordinate delay in marketing arrangements and in the pipeline work on Kochi-Mangalore and Kochi-Bangalore stretches now face serious concerns not only on the commissioning, but even the viability of the Rs 4,300 crore project. The terminal is ready to receive LNG by January, 2013. Phase II of the 900 km GAIL pipeline to Mangalore and Bangalore which involves an investment of Rs 3,400 crore is badly held up, said top officials of the Cochin Port Trust (CPT), GAIL and Petronet LNG