With an eye on bigger imports, the oil marketing firm may get its French partner Total to set it up
State-run oil marketing firm Hindustan Petroleum Corp Ltd (HPCL) is planning to invest Rs 600-700 crore to set up its second underground liquefied petroleum gas (LPG) storage facility in Mangalore. The company could rope in its partner, Total SA of France, to build the cavern. "Given the demand for LPG, we think importing in large quantity would make more sense than importing in smaller capacity. We are discussing the feasibility of this project and would decide on the same in the next six months," said a senior HPCL official, requesting anonymity.