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    India's Petronet Part Expands Dahej LNG Terminal

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Summary

Petronet LNG on Friday said part facilities of the expansion of Dahej LNG Terminal from 10 million metric tons/year to 15mn mt/yr has been commissioned.

by: Shardul

Posted in:

Asia/Oceania

India's Petronet Part Expands Dahej LNG Terminal

Petronet LNG on Friday said part facilities of the expansion of Dahej LNG Terminal from 10 million metric tons/year to 15mn mt/yr has been commissioned.

“As such the additional gas send-out from Dahej LNG terminal has commenced. The balance part of the expansion i.e. two LNG storage tanks are likely to be completed by October, 2016,” the company said in a stock exchange filing.

Petronet LNG is promoted by state-owned energy companies GAIL, Oil and Natural Gas Corp, Indian Oil Corp and Bharat Petroleum Corp. It operates a 10 mn mt/yr LNG import terminal at Dahej and a 5mn mt/yr terminal at Kochi in Kerala.

Apart from expansion of Dahej terminal, India is expected to see new import terminals come online as well in near future. India currently has four LNG terminals with close to 22 5mn mt/yr of re-gasification capacity. Oil ministry expects country’s LNG import terminal capacity to double in next six years. According to a document released by the ministry on June 3, country’s LNG terminal capacity will likely rise to 47.5mn mt/yr by 2022. Currently, there are four LNG terminals at Dahej and Hazira in Gujarat, Dabhol in Maharashtra and Kochi in the state of Kerala.