Oil & Gas Industry GAIL's LNG Terminal to Start Up at Half Capacity
GAIL plans to bring its new LNG (Liquefied Natural Gas) terminal at Dabhol, on the Indian west coast online by the end of 2014. Initially, the terminal will operate on only half of its capacity, which is 2.5 million tonnes per year.
Dabhol/India – The regional press reported further that GAIL is also likely to make a contract with regards to purchase LNG. With the rise in the demand, India intends to increase its LNG handling capacity. The capacity is expected to reach to 50 million tonnes a year by 2017 from its current capacity of 13.5 million tonnes.
A planned new LNG terminal at Kochi, jointly operated by GAIL India and Bharat Petroleum, is underway but delayed due to pipeline problems. Also the Kochi terminal will most likely not go onstream before late 2014, company speakers explained.