Adani Ports inks long-term Dhamra LNG pact
Adani Ports has inked a long-term LNG regasification agreement for the Dhamra LNG terminal with GAIL India to help secure its future status as a supply hub to eastern India, Bangladesh and Myanmar.
The long-term contract for the new terminal, which is due to be commissioned in mid-2021, is on use or pay basis spread and will be spread over 20 years.
“Partnering with GAIL India for facilitating LNG imports is a notable milestone for Adani Ports,” said Karan Adani, CEO, Adani Ports and Special Economic Zone Ltd (APSEZ).
“This project is now close to being fully subscribed and will play a pioneering role in powering eastern India towards a prosperous and economical gas-based future.”
DLTPL is an equal Joint Venture of IndianOil, GAIL and Adani Group.
GAIL has already booked 1.5 MTPA capacity for Dhamra LNG terminal meaning that the 5 MTPA Dhamra LNG terminal now has a capacity subscription of 4.5 MTPA.
The proposed terminal is expandable up to 10 MTPA, but initially, it will have two full containment type tanks of 180,000 m3 capacity each.
GAIL plans to supply the gas to its portfolio of customers located in the eastern region and along the under development Jagdishpur– Haldia gas grid.
It will have a jetty capable of handling a wide range of LNG supply vessels, including the largest Q-max fleet from Qatar.
The terminal will be capable of reloading LNG to service proximate markets via the marine route and will also have truck loading gantries to help grow the nascent but exciting LNG by truck market.
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