Petronet LNG ties up with Ocean Sparkle

Petronet LNG Limited (PLL) selects Ocean Sparkle got managing its port Operations. The competitive bidding process conducted by PLL for selection of port operator resulted in the selection of Ocean Sparkle Limited as the successful bidder. Ocean Sparkle Limited incorporated the Sparkle Port Services Limited (Port Operator) which shall provide the port operation services. PLL and Sparkle Port Services have executed Port Operation Services Agreement which is valid for a period of fifteen years. Services are expected to commence from 2nd quarter 2012.

Port Operator shall own and operate four Tug Boats of 60 Ton bollard pull and one mooring boat cum pilot boat. Port Operator shall undertake safe towing & mooring of the LNG tankers and maintenance of jetty facilities at Kochi LNG Terminal. The pilots shall be engaged by Kochi Port Trust.