Governance
Adani Ports join hands with Indian Oil for Dhamra LNG terminal
Adani Ports and Special Economic Zone, India’s leading port infrastructure developer has inked a pact with Indian Oil Corporation to provide Liquefied Natural Gas regasification services on a use or pay basis to the state-run refiner, at its upcoming LNG import terminal at Dhamra in Odisha. As agreed, IOC has booked 3 million tonnes per annum regasification capacity spread over 20 years. IOC plans to supply the gas to its refineries in Paradip in Odisha and Haldia in West Bengal. Larsen & Toubro has taken the task of setting up the tankages for gas storage and the project is expected to be completed by 2021. Being the first of its kind in India and second LNG terminal on the east coast, the proposed Dhamra LNG import terminal is designed for an initial capacity of 5 MTPA, expandable up to 10 MTPA.
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