Indian Oil Corporation (IOC) has executed a definitive tolling agreement with Dhamra LNG Terminal (DLTPL) for booking 3 Million Metric Tonnes Per Annum (MMTPA) of Regasification Capacity in their 5 MMTPA LNG Terminal, being constructed at Dhamra Port, in Odisha. DLTPL is a special purpose vehicle owned by Adani Petroleum Terminal (APTPL), which in turn is a wholly owned subsidiary of Adani Ports & SEZ (APSEZL).
The LNG Terminal at Dhamra would meet the captive gas requirements of three refineries of IOC situated in Barauni, Haldia and Paradip. The project will also enable supply of gas to City Gas Distribution (CGD) networks being set up in 7 important towns in eastern India, namely, Varanasi, Patna, Ranchi, Jamshedpur, Kolkata, Bhubaneshwar and Cuttack.
The LNG Terminal at Dhamra would provide clean and economically viable fuel to the potential customers like Industries, Transport and Domestic Households in the states of Odisha, Bihar, Jharkhand and West Bengal.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
