Confidence Petroleum Arm To Market Composite LPG Cylinders


Confidence Petroleum Arm To Market Composite LPG Cylinders

Confidence Futuristic Energtech, a subsidiary of Confidence Petroleum, would market composite LPG cylinders in Kolkata from next month, a company official said.

Confidence Petroleum, a listed entity, is a major supplier of steel gas cylinders to oil PSUs for LPG retailing.

Prasenjeet Chatterjee, head (east zone) of Confidence Futuristic, claimed that the composite cylinders, made of a special category of plastics, were blast-proof and light-weight unlike steel cylinders.

Its parent company imports LPG from the Middle East for distribution in India from 58-odd bottling plants located in various parts of the country.

The company has a bottling plant in Burdwan district in West Bengal, he said.

Chatterjee said the composite cylinders would be available in various sizes like two, five, 10 and 20 kg, except 14.2 kg, which only the PSUs can distribute.

The company has already launched the product under the brand ‘GoGas Elite’ in Bangalore and Chennai, he added. Read More

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