GAIL Plans Offshore LNG Terminal on India's East Coast

GAIL (India) and Paradip Port Trust, on Saturday, signed a memorandum of understanding for setting up an offshore liquefied natural gas (LNG) terminal at Paradip Port on the eastern coast of India, The Hindu newspaper reported.

The project will have a capacity of 4 million metric tonnes per annum (mmpta) in Phase-I with a storage capacity of 170000 cubic metres.

It is likely that Phase-II of the project will also have an additional capacity of 4 mmpta, which will take the overall terminal capacity to 8-10 mmpta, The Hindu said.

The Port is strategically located between Kolkata and Visakhapatnam, so as to serve a vast hinterland spreading over states such as Jharkhand, Chhattisgarh, Madhya Pradesh, Uttar Pradesh, Bihar and West Bengal.

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