New S.B.M.Facilities at Cochin

Single point mooring means for mooring a ship that is carrying a liquefied gas; (1) means for offloading said liquefied gas into said regasification facilities; and (2) means for transferring gas from said regasification facilities to a gas transport pipeline.

BPCL-KOCHIREFINERY Also Started their new SPM project for Accomodating Very Large Crude Carrier(VLCC) and Redusing Transpotation Cost.Earlier crude was Traspotting through the small carriers(Ship) from the VLCC(which is always located in outer cost) to cochin port.So it increased transpotation cost of the company,inorder to reduse the losses and idle time they started new project.New Project Consisting of the following main facilities:

· A Single Point Mooring (SPM) 19.4 km off the Puthuvypeen lighthouse for handling VLCCs of 300, 000 tonne capacity;
· A submarine pipeline to carry crude oil from the SPM to a Shore Tank Farm (STF);
· An STF for storage of 240,000 kilo litres of crude oil at Puthuvypeen Coast, before it is pumped to the KRL refinery at Ambalamugal; and
· An Onshore Pipeline between the STF and KRL over about 10 km, including backwater crossing of about 4 km.

The SPM project will be the first to commence work at Puthuvypeen, Using Very Large Crude Carriers (VLCCs) would substantially reduce the cost of crude for KRL. It is estimated that the company would save around Rs 200 crore on transportation cost. "To become globally competitive it is essential that KRL makes use of this freight advantage by setting up Crude Oil Receipt Facilities (CRF) on its own.

On 30th january 2008 First Very large crude carrier(VLCC)STAR II berthed at our SPM.approximately 20km in the outer sea off the puthuvypeen cost.The VLCC as big as three football grounds.Carrying an oil parcel of 280000 tones, Parcel include 140000 Al shaheen crude from Qatar and 140000 tones of Iranian mix