Additional Feedstock Supply Deal Signed for Indian Cracker

Brahmaputra Cracker and Polymer Ltd. (BCPL) has signed a feedstock supply deal with Oil and Natural Gas Corp. (ONGC; New Delhi) for BCPL’s planned 280,000-m.t./year gas cracker at Lepetkata in the state of Assam, India. BCPL will source 1.35 million cu meters/day of gas from ONGC. BCPL is a joint venture that will build and operate the $1.2-billion cracker and derivatives complex. Gail India (New Delhi) has a 70% stake in BCPL, and Oil India Ltd. (OIL; New Delhi), Numaligarh Refineries Ltd. (NRL; Guwahati, India), and the Assam state government each have...

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