Petronet-LNG director CS Mani gets extension

Vol 14, PW 22 (05 May 11) People & Policy
     

Petronet-LNG director technical CS Mani will be around for another year.

Few believed 64-year-old Mani would continue at the post after July this year, when he completes his five-year term. But on April 26, we hear, Petronet-LNG’s board unanimously approved a one-year extension for Mani until July 2012.

“Mani is an uncontroversial man,” says a supporter. “He keeps to himself and doesn’t interfere in anybody’s work.

” Mani’s colleagues admire him for his sound technical expertise, and subordinates reportedly like him for allowing them a great degree of autonomy in their work. “He never behaves like a boss,” we hear.

Born in August 1947, Mani joined Petronet-LNG from Gujarat Alkalies and Chemicals in 2006. He is credited with overseeing the expansion of the company’s Dahej LNG terminal and supervising the award of EPC contracts for the under construction 5m t/y Kochi LNG terminal in Kerala.

A company source says Kochi, which is expected to be ready by the end of 2012, will continue to be Mani’s priority over the course of the next year. He is also said to be driving Petronet-LNG’s plans to sell R-LNG directly to customers.

Until now most of the R-LNG from the company’s 10m t/y Dahej LNG terminal has been marketed by promoter companies IndianOil, GAIL and Bharat Petroleum. But Petronet-LNG could market some LNG on its own by setting up LNG ‘hubs’ or transporting LNG by road to factories and businesses in areas without major gas pipelines.

Another idea of Mani’s is to set up LNG stations, similar to CNG stations or petrol stations, from where R-LNG can be sold as fuel to cars and buses. The April 26 board meeting also approved the formation of a search panel to appoint a new director (finance and commercial) to replace Amitava Sengupta.