BPCL to set up Rs. 1,200-cr LPG terminal at Haldia.

State-run Bharat Petroleum Corporation Limited (BPCL) plans to build an import terminal at West Bengal's Haldia, with an estimated cost of Rs. 1,200 crore. The terminal will help the company meet the rise in demand for liquefied petroleum gas (LPG). The company has acquired 35 acres for the purpose and plans to complete the project in three years. BPCL, in its annual report, said as LPG consumption in the country in the domestic segment continues to grow at seven per cent per annum, imports of LPG are increasing. Oil companies are required to make adequate infrastructure arrangements to handle the inc "We infrastructure in the western and southern regions but there is a problem in the eastern region. The next market for us is Bihar, North-East, Jharkhand, Eastern Uttar Pradesh and West Bengal. So our import terminal will come up at Haldia," said a BPCL official.