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TOYO awarded LNG regasification plant project

Toyo Engineering India Pvt Ltd.,  a wholly owned subsidiary of Toyo Engineering Corporation (Toyo-Japan), has been awarded a project for a new regasification plant with a send out capacity of 5 million tons from HPCL Shapoorji Energy Pvt. Ltd. (HSEPL), at Chhara in Gujarat State on the west coast of India. Toyo-India will execute EPC work on a turnkey basis, from engineering to construction and commissioning. The regasification plant is scheduled to be completed in the beginning of 2022.

HSEPL is a joint venture, between HPCL (Hindustan Petroleum Corporation Ltd), which is one of the major Government owned Refining & Oil Marketing Company and SP Ports Pvt. Ltd. (a Shapoorji Pallonji Group Company). 

HSEPL is developing LNG receiving, storage & regasification terminal of 5 MMTPA capacity expandabe to 10 MMTPA. Earlier, Toyo-India & Toyo-Japan have executed Petronet LNG Ltd’s Dahej Terminal Phase I (greenfield), Petronet LNG Ltd’s Phase II & III expansion and GSPC LNG Ltd’s greenfield Mundra terminal. In a rapidly developing country like India with ever growing demand for LNG, Toyo-India will develop sales for further orders as a top runner in the construction of LNG regasification facilities. 


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FEATURED COLUMNS

Editorial Comment: The Future of FLNG: Less is More?
-Adrienne Blume
Global LNG export capacity is expected to increase by 45% between 2017 and 2022, to more than 400 metric MMtpy, with 90% of the new capacity coming from sanctioned projects in the U.S. and Australia. By 2050, this capacity is anticipated to exceed 700 MMtpy. Regasification capacity is anticipated to increase even more sharply.
Executive Viewpoint: Back to production: Where we’re going, we don’t need pipelines
-Mark Casaday
What if a cost-effective way existed to extract and distribute natural gas, regardless of proximity to pipeline, and bring those assets back to production? What if the industry went in a direction that did not need pipelines? For those looking to monetize unproductive natural gas assets or bring unproductive wells back to production, it would be revolutionary.
Regional Focus:Australia to boost LNG exports despite domestic gas shortage
-Eugene Gerden
Australia is planning further increases in LNG production and exports over the next decade, despite quickly depleting reserves and a looming supply shortage in the domestic market.


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