Jafrabad FSRU

From Global Energy Monitor
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Jafrabad FSRU is a floating storage and regasification unit (FSRU) LNG import terminal under construction in Gujarat, India.

Location

The terminal is planned for the city of Jafrabad in the state of Gujarat.

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Project Details

Phase 1

  • Owner: Swan Energy Limited (32.12%), Indian Farmers Fertiliser Cooperative (IFFCO) Limited (30.87%), Mitsui Group (11%), Gujarat Maritime Board with (15%), and Gujarat State Petronet Ltd (11%)[1]
  • Parent Company: Swan Energy Limited (32.12%), Indian Farmers Fertiliser Cooperative (IFFCO) Limited (30.87%), Mitsui Group (11%), Gujarat Maritime Board with (15%), and Gujarat State Petronet Ltd (11%)[1]
  • Vessel: Vasant 1[2]
  • Vessel owner: Swan Energy Ltd[3]
  • Vessel parent company: Triumph Offshore Pte. Ltd.[3]
  • Location: Jafrabad, Gujarat, India
  • Coordinates: 20.8667, 71.3667 (approximate)
  • Capacity: 5 mtpa[4]
  • Status: Construction[1]
  • Type: Import[1]
  • Start year: delayed[5] - formerly 2022[2]

Phase 2

  • Owner: Swan Energy Limited (32.12%), Indian Farmers Fertiliser Cooperative (IFFCO) Limited (30.87%), Mitsui Group (11%), Gujarat Maritime Board with (15%), and Gujarat State Petronet Ltd (11%)[1]
  • Parent Company: Swan Energy Limited (32.12%), Indian Farmers Fertiliser Cooperative (IFFCO) Limited (30.87%), Mitsui Group (11%), Gujarat Maritime Board with (15%), and Gujarat State Petronet Ltd (11%)[1]
  • Vessel:
  • Location: Jafrabad, Gujarat, India
  • Coordinates: 20.8667, 71.3667 (approximate)
  • Capacity: 5 mtpa[6]
  • Status: Proposed[6]
  • Type: Import[1]
  • Start Year:

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Phase 1

Approved in 2016, the Jafrabad FSRU will consist of a floating storage and regasification unit (FSRU) in Jafrabad, Gujarat. The 5 mtpa capacity is planned to be commissioned in 2019 and a future FSRU will expand the terminal to 10 mtpa.[6] Construction is presumed to have begun at the end of 2016 with the approval of the terminal.

The proposal was previously planned for the city of Pipavav, and dates back to 2008.[7]

In September 2020, the 180,000 m3 FSRU Vasant 1 was completed at Korea’s Hyundai shipyard and will be provided by MOL for the 5 MTPA LNG terminal at Jafrabad port in Gujarat. Besides the FSRU, the project, led by Swan Energy Ltd., will also include an FSU.[8]

In November 2020, developers submitting an application to push back construction completion by another year.[1]

In June 2022, Swan Energy said that it expected to commission the FSRU this year.[2]

The first phase of the project, with the 5 mtpa FSRU Vasant 1 and a floating storage unit (FSU), was supposed to be commissioned in 2022, but due to project delays, the FSRU was instead leased to Botas for one year to serve an import terminal in Türkiye.[4][3]

In July 2023, industry experts reported that this terminal has postponed the start-up from previous years and may see further delays due to tight supply globally for FSRU vessels and "tepid local LNG demand due to recently high and volatile prices".[5]

Phase 2

Phase 2 is expected to begin after Phase 1 is commissioned, and includes an additional FSRU to expand the terminal's capacity to 10 mtpa.[6]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Maulik PathakSwan Energy acquires India’s first FSRU, to commission Jafra, The Times of India, November 4, 2020
  2. 2.0 2.1 2.2 "Swan Energy to commission India's first newbuild FSRU this year". Offshore Energy. 2022-06-06. Retrieved 2022-06-10.
  3. 3.0 3.1 3.2 "Botas leases FSRU from Swan Energy". Oil & Gas Journal. Mar 9, 2023. Retrieved Jun 14, 2024.{{cite web}}: CS1 maint: url-status (link)
  4. 4.0 4.1 GIIGNL. The LNG Industry: GIIGNL Annual Report 2023. July 14, 2023.
  5. 5.0 5.1 "India's commissioning of floating LNG storage terminals to face further delays". The Hindu Business Line. July 16, 2023. Retrieved Jun 14, 2024.{{cite web}}: CS1 maint: url-status (link)
  6. 6.0 6.1 6.2 6.3 Swan Energy gets nod for Rs 5,600-crore floating LNG terminal, The Economic Times, December 2016
  7. Pipavav Floating Terminal, A Barrel Full, accessed April 2017
  8. GIIGNL 2021 Annual Report, accessed May 5, 2021

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External resources

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