Petronet LNG (PLL), the nation’s largest liquefied natural gas importer, has leased out 2.25 million metric tonne per annum (MMTPA) capacity at its Dahej terminal in Gujarat to Gujarat State Petroleum Corporation (GSPC). The company has inked relevant agreements to this effect with a 20-year term on January 05, 2013.
While a part of this capacity will be made available by PLL from its existing terminal after completion of second jetty which is currently under construction, another part will be from the expanded capacity. The company has embarked upon an expansion of the re-gasification terminal at Dahej to increase this capacity from the present 10 MMTPA to 15 MMTPA. The expansion is expected to be completed by the first quarter of 2016.
Besides the above capacity booking by GSPC, both the companies also agreed on various other initiatives which include connecting the proposed Gangavaram Terminal of PLL, with the Mallavaram-Bhilwara pipeline being built by a consortium led by GSPL as also cooperating in the area of supplying LNG through CNG route to cater to the demands of the transport sector in the Gujarat state.
Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.