Bid & Tender
GSPC to Commission Mundra LNG in Next 2-3 Months

Date : Jul 11, 2018

Gujarat State Petroleum Corp (GSPC) plans to commission a 5Mtpa liquid natural gas (LNG) import terminal at Mundra, India, in the next two to three months. Mundra will be the third import terminal in Gujarat to import super-cooled LNG in cryogenic ships and re-convert the liquid fuel into a gas before transporting it by pipelines to customers.

 

GSPL LNG, a 50:50 joint venture between Gujarat State Petroleum Corp and Adani Enterprises, is implementing the import terminal project.

 

It expects to include a strategic partner such as Indian Oil Corp (IOC) when the terminal becomes completely operational. Gujarat chief secretary and GSPC managing director Jagdip Narayan Singh said: “We will commission Mundra terminal by August-end or mid-September. It will operate at 1.5Mtpa capacity for the first 1.5 years before scaling up to full capacity.” The Mundra terminal can be expanded from 5Mtpa to 10Mtpa in future.

 

“It will operate at 1.5Mtpa capacity for the first 1.5 years before scaling up to full capacity.” Designed in a way that it can have the berth to receive LNG tankers sized from 75,000m³ to 260,000m³, the terminal will also feature two 160,000m³ LNG storage tanks with additional facilities for regasification and gas evacuation. The state has a 15Mtpa import facility, which is run by Petronet LNG at Dahej and a 5Mt terminal at Hazira operated by Shell.

 

India also has two more 5Mtpa LNG terminals, which are located in Maharashtra and Kerala. These terminals are being built on the east and west coasts to cater to the growing energy requirements.

 

Singh added: “We have been in talks with IOC but as the partnership was delayed, we have now decided to first commission the terminal and then see who can we get as a partner.” Last August, IOC stated that it will acquire up to a 50% stake in the Adani Group-backed Mundra LNG import terminal in Gujarat for an estimated Rs.7.50 billion.