Two years after Oil and Natural Gas Corporation (ONGC), with its consortium partners Bharat Petroleum Corporation Limited (BPCL) and Japanese conglomerate Mitsui, signed a memorandum of understanding (MoU) to set up a regasification liquefied natural gas (LNG) terminal at New Mangalore Port, the project is again on the back burner. Media reports quoted sources as saying the companies are reconsidering the viability of a new Rs 5,000 cr LNG terminal.
FlashNews:
Global Trust as Essential as Scale in Green Hydrogen: Pralhad Joshi
Evolving Customer Needs Reshape India’s Aluminium Market, Says RUSAL
Delhi Airport Strengthens Global Hub Position with 160 Destinations
SDHI Doubles Workforce, Targets 550 More Hires by FY2027
RITES, NHIDCL Partner to Boost Highway Development in Strategic Regions
SDLG India Commits ₹15 Billion to Expand Manufacturing and Localisation
Airtel Cloud Signs 40 Clients as Manufacturing Fuels India Growth
NTPC Cancels Mouda BESS Contract, Moves to Retender After GRIL Default
Cummins India Launches Next‑Gen Power and Lifecycle Solutions for Emerging Infrastructure Demand
Ascenso Invests $100 Million to Build Giant Radial Mining Tyres in India
JCB India Launches 10 New Machines at Bauma Conexpo 2026
Eastman Launches VEKTOR Brand, Targets Monolithic Construction Growth
TORSA Machines Targets ₹5 Billion Revenue with Five‑Area, Five‑Year Strategy
SDLG India Unveils New Diesel and Electric Range for Infrastructure and Mining
CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes
Solar‑Plus‑Storage: Reliability for India’s C&I Sector
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses Half‑Million Rooftop Milestone, Targets 3 Million by 2029
REC Issues India’s First Tokenised Corporate Bonds Under SEBI Sandbox
Home » LNG terminal on the back burner
LNG terminal on the back burner
Oil & Gas
October 1, 2015October 1, 2015


Leave a Reply
You must be logged in to post a comment.