Bharat eyes lion’s share of off-take at Kochi LNG

India’s Bharat Petroleum Corporation is targeting 40% of the off-take from the Kochi LNG import terminal.

The government-owned company said it will purchase close to 2 million tonnes per annum of the plant’s eventual 5 million tpa capacity.

“We are expecting almost 40% of the utilisation,” said Bharat Petroleum finance director S Varadarajan in a conference call this week.

The company’s Kochi oil refinery will receive most of the regasified LNG.

“Kochi