Petronet to Raise LNG Imports to 17.5M tons

Wednesday, January 11, 2006
Petronet LNG Ltd. plans to raise its base capacity for liquefied natural gas (LNG) imports from 2.5 million today to 17.5 million tons at two terminals by 2014. Petronet, which built India's first LNG import terminal at Dahej in Gujarat, was created by the Indian government to import the cleaner fuel for the energy-hungry economy. It is building another LNG terminal, India's third, at Kochi in southern India with a capacity of 2.5 million tons. Dasgupta said the new terminal, along with an initial expansion of Dahej to 10 million tons, would be complete by 2009 or 2010. Petronet, which started operations at Dahej in 2004, imported 2.5 million tons of LNG in the year to March 2005 and has tied up about 5 million tons of imports this year. The company was actively looking at building another LNG terminal in Mangalore in the southern state of Karnataka for one of its shareholders, Oil and Natural Gas Corp. Ltd.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Chevron Announces Alliance with Petrol Ofisi

Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies

Statoil, DNV GL Drive Subsea Factory Interface Standardization

Statoil has entered into an agreement with DNV GL to establish an industrial cooperation to introduce an international industry standard for subsea process technology.

RDS Wins Engineering and Design Contract for Sea Lion

Rig design and engineering specialist RDS has been awarded a front-end engineering design (FEED) contract by AMEC for Premier Oil’s Sea Lion development in the North Falklands Basin.

LNG

Russia's Shipping Major Reports Strong 1H 2014

OAO Sovcomflot (SCF Group), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, has announced its financial

Skangass Granted Permission for LNG Terminal

The Swedish Government (Länsstyrelsen in Dalarnas Län) has granted Skangass permission to build and operate a new Terminal for LNG (Liquefied Natural Gas) within the harbour in Gävle, Sweden.

Policy Uncertainty Threatens to Slow Renewable Energy Momentum

IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term. The

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0941 sec (11 req/sec)