New LNG terminal

Vol 14, PW 18 (10 Mar 11) News in Brief

Petronet-LNG is considering setting up its third LNG terminal after Kochi and Dahej on India’s east coast.

PETROWATCH learns a team from Petronet-LNG visited four promising locations in January, two in Orissa and two in Andhra Pradesh. “Petronet-LNG needs 50 hectares of land,” says an industry source.

Among the locations considered, he adds, are Paradip in Orissa and Kakinada in Andhra Pradesh. Petronet-LNG has yet to finalise the capacity of this proposed terminal which could be anything from 5m t/y to 10m t/y depending on local gas demand.

It plans to appoint a consultant by April to carry out a pre-feasibility report, suggest a suitable location, and give details of local gas demand. Next, Petronet-LNG will commission a Detailed Feasibility Report and begin hiring staff to market R-LNG from the proposed terminal directly to customers.

Petronet-LNG has a 10m t/y LNG terminal at Dahej in Gujarat and is building a 5m t/y LNG terminal at Kochi in Kerala.