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Adani ports inks pact with IOC for LNG regasification at Dhamra

Press Trust of India  |  New Delhi 

Adani Ports and Special Economic Zone (APSEZ) today said it has entered into a pact with to provide LNG services at its import terminal in Odisha.

As per the contract, IOC has booked 3 million tonnes per annum (MTPA) capacity spread over 20 years, said in a statement.

"..has signed a long term agreement with IOC to provide Liquefied (LNG) services on a use or pay basis to the state-run refiner, at its upcoming LNG import terminal at Dhamra in Odisha," the company said.

IOC plans to to its refineries in Paradip in Odisha and Haldia in

"We are pleased to with Indian Oil by signing this long term agreement. lacks adequate LNG at present and I am confident that this project will play a key enabling role for increasing in that part of the country. In fact, the terminal will play a strategic role in to and as well," said Karan Adani, CEO,

The foundation stone of the project was laid in July 2017 and construction has commenced by infrastructure firm (L&T), winning the contract to set up the tankages for The terminal is expected to be commissioned during the second half of 2021.

APSEZ said the proposed Dhamra LNG import terminal is designed for an initial capacity of 5 MTPA, expandable up to 10 MTPA.

"Initially, it will have two full containment type tanks of 1,80,000 m3 capacity each. It will be first of its kind in and second on the after IOC's terminal in Tamil Nadu," the company said.

It said the company will have a jetty capable of handling a wide range of LNG supply vessels, including the largest Q-max fleet from 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.

Headquartered in Ahmedabad, the USD 12-billion has operations across the world and APSEZ has 10 strategically located ports and terminals on both the western and eastern coastline of - Mundra, Dahej, Kandla and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Visakhapatnam in Andhra Pradesh, and Kattupalli and in Chennai - representing 24 per cent of India's total port capacity.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 19:50 IST