Financial Daily from THE HINDU group of publications Tuesday, Apr 18, 2006 |
|
|
|
|
|
|
|
Corporate
-
Outlook Logistics - Shipping Haldia Petro plans pipeline to connect plant, oil jetty Our Bureau
Kolkata , April 17 Haldia Petrochemicals Ltd (HPL) proposes to lay a six-km-long pipeline network to connect the third oil jetty of the Haldia dock with its own plant. The proposed pipeline, when ready for operation, will be used to transport naphtha to be imported through the jetty. The proposed pipeline will be an additional facility, because HPL already has pipeline connections with the first and second oil jetties of the dock for transportation of the imported naphtha. The second oil jetty is actually used more for this purpose than the first, according to dock sources. In 2005-06, HPL imported some 1.4 million tonnes (mt) of naphtha through the dock. This is estimated to rise to two mt within the next couple of years, as the plant is poised for expansion.
Growth in traffic
Meanwhile, the Haldia dock posted 15.42 per cent growth in traffic throughput at 42.22 mt in 2005-06 compared to 36.2 mt in 2004-05. This was achieved thanks to record handling of crude at 12.5 mt (12.06 mt), petroleum products at 4.7 mt (3.9 mt), other liquid cargo 1.9 mt (1.6 mt), iron ore for exports at 7.96 mt (5.36 mt), coking coal at 5.4 mt (5.10 mt), thermal coal 3.4 mt (3.15 mt), and others at 3.3 mt (1.9 mt). Container throughput, however, posted a decline at 110,272 TEUS (128,513 TEUS). The dock also handled a record number of 2,349 ships during the year under review, achieving 12.34 per cent growth - the highest among all major ports. Rail-borne traffic at 16.01 mt saw growth of 12.7 per cent. The next couple of years are going to be critical for the Haldia dock as it is likely to lose substantial volume of crude traffic to Paradip. IOC's Haldia refinery, currently processing crude imported through the dock, will shortly use crude imported through the Paradip port and transported to it through the 300-km-long Paradip-Haldia crude pipeline currently under construction. However, the dock authorities are hopeful that there will be a breakthrough in traffic throughput once various projects, particularly new berths that are under various stages of implementation, are ready for operation. Also, the new port-based industries due to come up in and around Haldia hold big promise, the dock sources said.
More Stories on : Outlook | Shipping | Petrochemicals
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|