Ports and Special Economic Zone (APSEZ), of the Adani Group, has signed a
long-term agreement with Indian Oil Corporation (IOC) to provide liquefied
natural gas (LNG) regasification services on a use or pay basis to the
state-run refiner at its upcoming LNG import terminal at Dhamra in Odisha.
As per the
contract, IOC has booked 3 million tons per annum (mtpa) regasification
capacity spread over 20 years. IOC plans to supply the gas to its refineries in
Paradip in Odisha and Haldia in West Bengal.
are pleased to partner with Indian Oil by signing this long-term agreement.
India lacks adequate LNG import infrastructure at present and I am confident
that this project will play a key enabling role for increasing gas consumption
in that part of the country. In fact, the terminal will play a strategic role
in gas supply to Bangladesh and Myanmar as well," said Mr Karan Adani,
foundation stone of the project was laid in July 2017 and construction has
commenced by Larsen & Toubro, which won the contract to set up the tankages
for gas storage. The terminal is expected to be commissioned during the second
half of 2021.
proposed Dhamra LNG import terminal is designed for an initial capacity of 5
mtpa, expandable up to 10 mtpa. Initially, it will have two full containment
type tanks of 180,000 m3 capacity each. It will be the first-of-its-kind in
India and the second LNG terminal on the east coast after IOCís Ennore terminal
in Tamil Nadu. The Ennore terminal conceived way back inm 1996 was put on
backburner by the IOC for almost a decade. The first phase is likely to be
commissioned early next year.
existing LNG terminals at Dahej and Cochin are both in the west coast.
have a jetty capable of handling a wide range of LNG supply vessels, including
the largest Q-max fleet from Qatar. The terminal will be capable of reloading
LNG to service proximate markets via the marine route and will also have truck
loading gantries to help grow the nascent but exciting LNG by truck market,
said a release.