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The 2.5 MMTPA LNG (Equivalent to 10 MMSCMD of natural gas with
provision of expansion up to 5 MMTPA) Re-gasification Terminal
at Kochi, Puthu Vypeen is setting up by the Petronet LNG Ltd (PLL).
PLL is a joint venture company formed by the Government of
India to import LNG and set up LNG Terminals in the country.
PLL has setup its first LNG Terminal at Dahej in Gujarat with
the capacity of 5 MMTPA.
The PLL has already signed the Sale and Purchase Agreement
(SPA) with 'Ras Laffan Liquefied Natural Gas Company Ltd', (RASGAS)
for 25 years on Free On Board (FOB) basis.
Kochi Port Trust has allocated 40 Hectors of land at Puthu
Vypeen Island for the development of LNG Terminal which
includes construction of Jetty and Breakwater. Storage and
Re-gasification facilities will include unloading arms, two
tanks of 110,000 cu.m capacity each, vaporization system and
utilities and off-site facilities. The estimated cost of the
project is Rs. 2,000 crores.
All the pre-project activities including various on-shore and
off-shore surveys / investigations, preparation of Detailed
Feasibility Report and Basic Engineering Package, Mathematical
and Physical Modeling Studies, Terrestrial and Marine
Environment Impact Assessment Studies have been completed.
Petronet LNG Ltd (PLL) is promoted by GAIL (India) Limited,
Oil and Natural Gas Corporation Ltd (ONGC), Indian Oil
Corporation Limited (IOCL) and Bharat Petroleum Corporation
Ltd (BPCL). Read More
at Gas India.com
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