Page 13 - GLNG Week 16 2022
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GLNG ASIA GLNG
Petronet may consider fourth
LNG import terminal in India
TERMINALS INDIA’S Petronet LNG may consider building a anticipated to have to rise to meet the remainder.
fourth LNG import terminal in India in order to Petronet had previously explored the possibil-
meet rising demand. ity of building an LNG terminal at Gangavaram
Petronet’s CEO, A K Singh, told the Press in Andhra Pradesh but abandoned that plan
Trust of India last week that the company expects in 2015-16 on the grounds that there was not
Indian gas demand to keep growing. He added enough demand in the region – on India’s east
that the company could look at developing a coast – to justify it. However, Indian Oil Corp.
fourth regasification terminal in the country, but (IOC) subsequently brought the Ennore LNG
that these were only “preliminary thoughts”, with terminal into service on the east coast in 2019
no further details to be provided at this stage. and Adani Group and TotalEnergies are bring-
Petronet operates a 17.5mn tonne per year ing the Dhamra LNG terminal online this year.
LNG import facility at Dahej in Gujarat and Petronet itself has changed its mind on demand
another 5mn tpy terminal at Kochi in Kerala. It is on the east coast given that it is now developing
also planning to develop a floating LNG (FLNG) the Gopalpur FLNG project.
import terminal at Gopalpur in Odisha in the It is unknown whether the Gangavaram plan
next three years at a cost of INR16bn ($210mn). could now be revived, or whether the company
Singh’s comments come as the Indian govern- will begin pursuing an altogether new project in
ment targets raising the share of natural gas in a different region.
the country’s energy mix to 15% by 2030 from Meanwhile, Petronet is also intending to
6.7% currently. Domestic gas production meets increase the capacity of its Dahej LNG termi-
almost half of current consumption, and while nal to 22.5mn tpy in response to growing gas
efforts are underway to boost domestic output, demand.
with demand growing too, LNG imports are
Week 16 22•April•2022 www. NEWSBASE .com P13
