Indian prime minister Narendra Modi is expected to officially open Indian Oil Corporation 's ( IOCL ) INR51.51bn ( $ 724 m ) liquefied natural gas ( LNG ) terminal at Kamarajar Port for storage and re - gasification of imported LNG at the end of January . Limited in Manali industrial area to cater to gas demand of region. IOCL has already secured off - take agreements for around 1 million metric tonnes ( mt ) of gas with approximately 30 customers , including Chennai Gas , Madras Gas , Madras Petrochemicals and Tamil Nadu Petroproducts , according to unnamed sources . Meanwhile , IOCL has won the gas distribution rights for seven ports , including Salem and Coimbatore .
Indian prime minister Narendra Modi is expected to officially open Indian Oil Corporation 's ( IOCL ) INR51.51bn ( $ 724 m ) liquefied natural gas ( LNG ) terminal at Kamarajar Port for storage and re - gasification of imported LNG at the end of January . IOCL has already secured off - take agreements for around 1 million metric tonnes ( mt ) of gas with approximately 30 customers , including Chennai Gas , Madras Gas , Madras Petrochemicals and Tamil Nadu Petroproducts , according to unnamed sources . Meanwhile , IOCL has won the gas distribution rights for seven ports , including Salem and Coimbatore .