This is being done in tune with the decision of WorldLPG Association to have at least 50 per cent of LPG frombio mass, including vegetable waste, by 2040, S S V Ramkumarsaid.
Accordingly, the country has taken a lead and in theprocess of developing the LPG from bio mass, which would bearfruit in another two to three years, he told reporters on thesidelines of a two-day IOCL National LPG Conclave 2020.
IOCL wanted at least 10 per cent of LPG to beproduced from bio mass and put in use, as this would be cost-effective, he said.
Earlier, addressing the conclave, Ramkumar said thethe demand for cooking LPG has reached a saturation-level inthe country and there was the need to find out the areas wherethe LPG can be utilised, like in autos.
Chennai Petroleum Corporation Ltd managing director SN Pandey, in his address, said the demand for kerosene hadcome down of late due to availability of alternate fuels.
Kerosene would not be used after 2040, hesaid.
Ratnagiri Refineries and Petrochemicals Ltdchairman B Ashok said there were opportunities for expansionthe area of LPG, a sector which was growing by three to fourper cent. NVMNVG NVG