LNG Alliance Mangalore FSRU

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LNG Alliance Mangalore FSRU was a liquefied natural gas (LNG) import terminal proposed in Mangalore, India. As of June 2024, there have been no development updates in over two years, and the project is presumed shelved.

Location

The terminal was proposed to be located in Mangalore, India.

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Project details

• Operator: LNG Alliance

• Owner: New Mangalore Port Trust (NMPT), LNG Alliance

• Parent company: India Ministry of Ports, Shipping and Waterways; LNG Alliance
• Vessel:

• Vessel operator:

• Vessel owner:

• Vessel parent company:

• Location: New Mangalore Port, Mangalore, Karnataka, India

• Coordinates: 12.926024, 74.812570 (approximate)

• Capacity: 4 mtpa

• Status: Shelved

• Type: Import

• Start year:

• Financing:
• Cost: US$290 million

• FID status:

• Associated infrastructure:

Background

In January 2022, the state government of Karnataka India and Singapore firm LNG Alliance partnered to develop a floating LNG import terminal project at New Mangalore Port in Mangalore. The terminal will have a regasification capacity of 4 mtpa, which may be expanded to up to 8 mtpa in the future. LNG Alliance plans to invest US$290 million over the next three years to develop, construct, and operate a floating storage and regasification unit (FSRU). The facility could offer LNG fueling services to ships visiting the port and provide LNG to transportation and industrial operations.

As of June 2024, there have been no development updates in over two years, and the project is presumed shelved.