Gangavaram LNG Terminal
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Gangavaram LNG Terminal was a proposed LNG terminal in Andhra Pradesh, India.
Location
Project Details
- Owner:
- Parent: Petronet
- Location: Gangavaram Port, Visakhapatnam, Andhra Pradesh, India
- Coordinates: 17.616667, 83.233333 (exact)
- Capacity:
- Proposed Capacity: 10 mtpa, 1.43 bcfd
- Status: Shelved[1]
- Type: Import
- Start Year:
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
Gangavaram LNG Terminal is a proposed LNG terminal in Andhra Pradesh, India.[2]
After Petronet signed an agreement with the Gangavaram Port in 2012, committed investment, and completed feasibility studies, the 10 mtpa LNG terminal has not moved forward as of 2017. The company’s wish list to the State government and reluctance for massive investment are reasons for the stalled progress on the project.[3]
In January 2018 it was reported that the project had been unable to obtain financing or receive clearances for its pipelines, and with no progress since 2012 it appears to be cancelled.[4]
In April 2022, it was reported that the company was considering setting up an additional import terminal, and that the Gangavaram Port was one of the possible locations for the new terminal.[1]
As of June 2024, since there are no new development updates related to this project for more than two years, this project is presumed shelved.
Articles and resources
References
- ↑ 1.0 1.1 "Petronet considering fourth Indian LNG facility". Upstream Online. Apr 19, 2022. Retrieved Jun 20, 2024.
{{cite web}}
: CS1 maint: url-status (link) - ↑ Gangavaram LNG Terminal, A Barrel Full, accessed April 2017
- ↑ Santosh Patnaik, The Hindu, August 2017
- ↑ LNG terminal project in a limbo, The Hindu, Jan. 6, 2018