Petronet LNG, one of the leading players in oil and natural gas space is likely to establish a mini-liquefied natural gas (LNG) terminal in the Andaman and Nicobar Islands. The company is in talks with the Andaman and Nicobar administration, for the same. It aims to invest about Rs 600 crore and it is also set to commission its second terminal in Kochi in July.
In the early days, the capacity is expected to be slightly more than 0.5 million tonnes (mt) and this will be used domestically within the islands. The mini-terminal will be connected to upcoming terminals in Kochi and Gangavaram; the gas would be transported using small barges.
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.
