India To Get $144 Million LNG Import Terminal

Monday, August 13, 2001
An Indian subsidiary of Royal Dutch/Shell said on Monday preliminary work for a liquefied natural gas (LNG) import terminal in India had begun and work for the main facility would start in November.

The 19.50-billion-rupee ($414-million) project in western India will handle LNG imports up to five million tons a year, and the company could double its capacity if there is enough demand.

"Hazira Port Pvt Ltd, a 100-percent Royal Dutch/Shell Group company, has awarded a contract for the building of access roads, pipeline crossings and other civil works for the Hazira port and LNG terminal," a company statement said. It said the contract was awarded to Essar Projects Ltd, which began work in July.

The statement quoted Hazira Port Pvt Ltd Director Martin Foley as saying gas sales from the terminal would begin in the first quarter of 2004.

The Hazira port and LNG terminal were awarded to a consortium led by Shell Gas B.V. after an international competitive bid in November 1999, the statement said.

In June this year, India's Foreign Investment Promotion Board approved its proposal to set up a separate company for importing LNG, sourcing domestic natural gas and transporting and selling re-gasified LNG/domestic natural gas, it said.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Port Workers in Argentine Grain Hub End Strike

Port workers in part of the Argentine grains hub of Rosario lifted a work stoppage on Friday, only a day after they went on strike over demands for higher year-end bonuses, a union official said.

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1317 sec (8 req/sec)