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Petronet may consider fourth
LNG import terminal in India
INDIA 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 pos-
meet rising demand. sibility of building an LNG terminal at Gan-
Petronet’s CEO, A K Singh, told the Press gavaram in Andhra Pradesh but abandoned that
Petronet’s CEO, A K Singh, told the
Press Trust of India last week that the
Trust of India last week that the company expects plan in 2015-16 on the grounds that there was
Indian gas demand to keep growing. He added not enough demand in the region – on India’s
company expects Indian gas demand
that the company could look at developing a east coast – to justify it. However, Indian Oil
to keep growing. He added that the
company could look at developing
fourth regasification terminal in the country, but Corp. (IOC) subsequently brought the Ennore
a fourth regasification terminal in
that these were only “preliminary thoughts”, with LNG terminal into service on the east coast in
the country, but that these were only
no further details to be provided at this stage. 2019 and Adani Group and TotalEnergies are
Petronet operates a 17.5mn tonne per year bringing the Dhamra LNG terminal online this
“preliminary thoughts”, with no further
LNG import facility at Dahej in Gujarat and year. Petronet itself has changed its mind on
details to be provided at this stage.
another 5mn tpy terminal at Kochi in Kerala. It is demand on the east coast given that it is now
Petronet operates a 17.5mn tonne per
also planning to develop a floating LNG (FLNG) developing the Gopalpur FLNG project.
year LNG import facility at Dahej in
It is unknown whether the Gangavaram plan
Gujarat and another 5mn tp
import terminal at Gopalpur in Odisha in the y terminal
next three years at a cost of INR16bn ($210mn). could now be revived, or whether the company
at Kochi in Kerala. It is also planning to
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
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