France’s Total drops out of HPCL’s second LPG cavern project
Mumbai: State-run Hindustan Petroleum Corp. Ltd (HPCL) will go solo in building its second liquefied petroleum gas (LPG) cavern in Mangalore, Karnataka.
HPCL, which was in talks with France’s national oil company Total SA to partner in building an underground LPG storage facility, said the French multinational has dropped out of the project but did not provide a reason for the same.
Total SA is HPCL’s partner in the first LPG cavern in Visakhapatnam, Andhra Pradesh.
