For setting up an offshore LNG (liquefied natural gas) terminal at Paradip Port in Odisha coast, India's largest State-owned natural gas distributor GAIL (India) has entered into a memorandum of understanding with Paradip Port Trust (PPT) at a cost of Rs 3,108 crore.
Tag: LNG terminal
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APGDC, KSPL sign pact for Rs 50 bn LNG terminal project
The Andhra Pradesh Gas Distribution Corporation (APGDC) and the Kakinada Seaport (KSPL) signed a memorandum of understanding (MoU) for the proposed Rs 5,000 crore LNG terminal project. APGDC is a joint venture between GAIL Gas and Andhra Pradesh Gas Infrastructure Corporation (APGIC). The proposed floating, storage and re-gasification unit (FSR
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Petronet to rope in contractors for LNG terminal project
In order to set up gas storage facilities, re-gasification plant and marine facilities for its proposed 5 million ton LNG terminal in Gangavaram, Petronet LNG will rope in contractors. In order to select contractors, the company invited bids from eligible entities. Some months ago, the board of the firm approved the plan to set up the LNG terminal, which would be the first
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Petronet holds talks on Rs 6 bn LNG terminal project
Petronet LNG is said to be holding early stage discussion with the Andaman and Nicobar administration for setting up its first liquefied natural gas (LNG) terminal outside mainland India. The proposed mini-LNG terminal, which may cost about Rs 600 crore, may have an initial capacity of slightly over 0.5 million tonnes (mn t) and this would prim
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Share of imported gas
Reports suggest that the share of import in total natural gas consumption in the country may rise from the current level of 40 per cent as domestic production fails to keep pace with growth in demand. Recently, Petronet LNG has notched up a world record by
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Share of imported gas
Reports suggest that the share of import in total natural gas consumption in the country may rise from the current level of 40 per cent as domestic production fails to keep pace with growth in demand. Recently, Petronet LNG has notched up a world record by
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Report on Petronet LNG deal expect in some weeks
According to media reports, a two-member team
appointed by the Petroleum Minister Veerappa Moily, to probe the alleged irregularities in the gas supply deal between Petronet LNG (PLL) and Qatar-based Ras Laffan, would submit its report in some weeks. The team was appointed by the Moily in January as the earlier inquiry ordered by former minister Jaipal Redd
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IOC in need of land for DPCL to set up LNG terminal
For setting up of a Liquefied Natural Gas (LNG) terminal within the Dhamra Port premises Indian Oil Corporation (IOC) has sought early allotment of 125 acres of land from the Odisha government. In March this year, IOC had entered into a pact with DPCL for developing a liquefied natural gas terminal inside the port area at an investment of Rs 10,000 crore.
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Gail-TN JV to invest Rs 10,000 cr in power plant
Tamil Nadu Industrial Development Corporation (Tidco) and Gail (India) will form a joint venture to set up a power plant and pipeline infrastructure to carry LNG. The new company will make an investment to the tune of Rs 10,000 crore over the next five years.
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Proposal to set up 5 mtpa LNG terminal
Kakinada Seaports and Royal Dutch Shell will form a joint venture company with Reliance Power in order to set up an LNG terminal with an initial capacity of up to 5 million tonne per annum (mtpa) by 2014 at Kakinada deepwater port in Andhra Pradesh.