Petroleum Ministry to set up four new natural gas processing terminals

Agra, Aug 17 (IANS) The Petroleum Ministry will set up four new terminals with a capacity of 50 million tonnes across the country for processing and supply of natural gas to ensure better availability of the gas to the industries, Dharmendra Pradhan, Minister of State (independent charge) for Petroleum and Gas said on Wednesday.

He was speaking at a meeting of industrialists in Agra, which was attended by more than 200 industrialists.

The conference was convened by Laghu Udhyog Bharti.

Pradhan said during National Democratic Alliance rule the price of gas had been reduced thrice. He expected another reduction soon.

Compared to previous government, gas under the new dispensation was costing 40 per cent less to the consumers, he said.