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World News and Views :: Projects

Feedstock Agreements Signed for Indian Olefins Project

5:19 AM MDT | September 20, 2007 | Deepti Ramesh

Gail India (New Delhi) says that gas and naphtha feedstock supply agreements have been signed for a previously announced, $1.24-billion petrochemical complex planned in the state of Assam, northeastern India. Gail has a 70% stake in Brahmaputra Cracker and Polymer Ltd. (BCPL), the joint venture that has been established to build the complex at Lepetkata, Assam. A gas supply agreement has been signed between BCPL and Oil India Ltd. (OIL; New Delhi) and a naphtha supply agreement has been signed between BCPL and Numaligarh Refineries Ltd. (NRL...

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