Karaikal LNG import terminal in the pipeline
A new LNG import terminal at India's Karaikal Port is set to widen the country's gas accessibility in 2019.
Atlantic Gulf and Pacific Company's (AG&P) terminal will serve the heavily industrialised region of central Tamil Nadu plus serve the gas-fired power industry and multiple demand centres via a pipeline and/or city gas distribution network saving costs of up to 40%.
“The unique terminal configuration uses AG&P’s standardised design, eliminating costly bespoke engineering, which allows for scalable LNG terminal infrastructure that can be modularly built and is significantly faster and cheaper to construct,” said Abhilesh Gupta, chief financial officer and commercial head, AG&P.
Mr Gupta added that the terminal has the flexibility to increase capacity on a fast-track basis and grow in line with region’s rising demand for gas supply.
The terminal design also incorporates offshore and onshore infrastructure, making best use of the deep-water location within the port.
AG&P’s LNG import terminal will have a start-up capacity of 1 million tonnes per annum (MTPA) which is expected to double to 2 MTPA almost immediately to meet industrial demand.
The final investment decision on the terminal is expected is expected by mid-2018, immediately following the FEED completion. The LNG terminal will be commissioned by mid-2019.
India is the fourth largest importer of LNG in the world. The Indian Government recently announced its plans to build 11 LNG import terminals over the next seven years and double the contribution of natural gas to the country’s energy mix to 15% by 2020.
South Coast Port Services (SCPS) are currently seeking a large number of Multi Skilled Lashers to be... Read more
ABP is the UK's leading port operator, with a unique network of 21 ports across England, Scotland an... Read more
Here at British Steel we’re looking for passionate, hard-working, ambitious and dedicated people who... Read more
We’re looking for a Senior ports and maritime civil engineer to join our PCO team in Croydon. You’ll... Read more
We are looking for an experienced and talented Digital Marketing Executive to join our award winning... Read more