India’s LNG import capacity to double by 2022
According to information released by the ministry, the country’s LNG terminal capacity will likely rise to 47.5 MMtpy by 2022 from the current 21.3 MMtpy as existing terminals expand capacity and new facilities are commissioned.
Demand for gas in India is expected to be driven by refineries, fertilizer and power plants. In 2015–2016, the natural gas consumption in the country rose barely 2% to 52 Bcmy, of which 40% was imported as LNG. However, with low global prices, consumption has soared, rising 14% in April, pushed by imports that rose 45%. LNG consumption in the power sector has increased from the 3 MMscmd during April to a maximum level of 11.47 MMscmd in March.
There are four LNG terminals at Dahej and Hazira in Gujarat, Dabhol in Maharashtra and Kochi in the state of Kerala. Capacity expansion of Dahej LNG terminal is expected from 10 MMtpy to 15 MMtpy by end of 2016. The ministry stated that a plan is in place to augment another 2.5-MMtpy capacity at Dahej.
Work to develop a new LNG terminal of 5 MMtpy at Ennore in the southern Indian state of Tamil Nadu is in the advanced stages. In addition, two new R-LNG terminals of 5-MMtpy capacity each (at Dhamra and Kakinada on the east coast) are also planned.
(Source: Natural Gas Asia)
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Aramco and Yokogawa commission multiple autonomous control AI agents at Fadhili gas plant
- Ukraine will resume gas imports via Transbalkan route in November
- Mitsubishi to inject $260 MM into Brunei LNG project
- Freeport LNG (U.S.) on track to take in more natgas on Thursday after unit outage
Comments