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    Hazira LNG Terminal in India to Boost Capacity by 50% in 2016-17

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Summary

India’s Hazira LNG Ltd will increase the capacity of its LNG terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the financial year 2016-2017 (Apr-Mar).

by: shardul

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Hazira LNG Terminal in India to Boost Capacity by 50% in 2016-17

India’s Hazira LNG Ltd will increase the capacity of its LNG terminal on the west coast by 50 percent to 7.5 million tonnes per annum (mtpa) in the financial year 2016-2017 (Apr-Mar), news agency Reuters reported Tuesday citing a government panel report.

Hazira is a partnership between Shell Gas B.V and Total Gaz Electricité Holdings France. Shell and Total have a shareholding of 74 percent and 26 percent respectively in each of the companies that comprise the Hazira LNG Terminal and Port project.

“The increase in (Hazira LNG) capacity from 5 million to 7.5 million tonnes a year will become available at the end of year 2016/17,” the report said.

India’s import and regasification capacity, which currently stands at 25 mtpa, will rise to 41 mtpa in 2016-2017.

The report said that new terminals with capacities of up to 27 mtpa were at various stages of planning on both the eastern and western coasts of India, Reuters stated.

 

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