State-owned gas utility GAIL (India) Ltd plans to import ethane from countries such USA for a US$5 bln petrochemical plant being set up in Andhra Pradesh jointly with Hindustan Petroleum Corp. Ltd (HPCL), as per PTI.
People familiar with the matter said GAIL is seeking supplies of up to 1.3 mln tpa of ethane for 15 years on the east coast of India beginning 2022. GAIL-HPCL are planning the petrochem project after their plans to team up with France’s Total, Lakshmi N. Mittal Group and Oil India Ltd (OIL) for a 15 mln tpa refinery-cum-petrochemical plant at Visakhapatnam in Andhra Pradesh, fell through.
02-Feb-16 
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