India’s GAIL seeks partner for LNG terminal at Paradip
In October, GAIL signed a memorandum of understanding with Paradip Port Trust for the foundation of an LNG import terminal.
The Floating Storage Regasification Unit is expected to have a capacity of 4 million tons/year of LNG at its complex in Paradip coast. During the first phase, the terminal’s capacity is expected to reach 4.8 million tons/year. In the second phase, 4 million tons/year will be added to bring the total capacity to 8-10 million tons/year. Petrodip will be the fourth LNG terminal on the east coast. The first phase of the project is expected to be online by 2017.
In addition, India currently has 4 LNG terminals, Dahej and Hariza in Gujarat, Dabhol in Maharashtra and Kochi in Kerala.
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