Mega petrochemicals complex to be set up in Andhra Pradesh

A mega petrochemicals complex will be set up in Andhra Pradesh, making it the energy and petrochemicals hub on India’s east coast, Union minister of state for petroleum and natural gas Dharmendra Pradhan said . Addressing media persons after conducting a review of various oil and gas sector projects in Vizag, Pradhan, who visited the facilities of Indian Strategic Petroleum Reserve Limited (ISPRL) and Oil and Natural Gas Corporation (ONGC) in the KG Basin said, “A detailed energy road map of future AP will be drawn up. We are already working on an ambitious road map and planning beyond the PCPIR (Petroleum, Chemical and Petrochemical Investment Region) for AP.”

Stating that AP has immense potential in the hydrocarbon sector, he said, “ONGC will start gas production from the KG Basin from 2018 and oil production from 2019.” Explaining that as compared to the west coast, deep sea exploration poses serious challenges on the east coast, he said, “Monetising the potential is a priority and ONGC is undertaking the project on a fast-track basis. I am fully satisfied with progress.” – Plastermart