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LNG terminal on the back burner

LNG terminal on the back burner

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.

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Govt should incentivise coastal shipping

Govt should incentivise coastal shipping

The ports and terminals developed under public private partnership (PPP) model in Gujarat have been performing quite well over the years, in terms of the efficiency parameters, says Amrendra Kumar Rakesh, Vice Chairman & CEO, Gujarat Maritime Board.

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Ennore Port: On a revival mode

Ennore Port: On a revival mode

After Tuticorin Port, now it is the turn of Ennore Port to receive a new name and identity. Renamed as Kamarajar Port, the facility is gearing for a major expansion drive with a slew of projects in the pipeline.

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GAIL to set up LNG terminal at Paradip Port

GAIL to set up LNG terminal at Paradip Port

For setting up an offshore LNG terminal at Paradip Port in Orissa coast at a cost of Rs 3,108 crore, India's largest state-owned natural gas distributor GAIL (India) has entered into a memorandum of understanding with Paradip Port Trust (PPT). The proposed 'Floating Storage Regasification Unit' will have an initial capacity of four million tonne per annum (mtpa).

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