KUALA LUMPUR, Feb 21 -- AG&P, the global downstream gas and LNG logistics company has broken ground on its LNG Import Facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in South India.
According to a statement, the Karaikal LNG Import Facility (Karaikal LNG) is expected to commence commercial operations by fourth quarter, next year.
Owned and operated by AG&P, Karaikal LNG Import Facility is being built on a 12-hectare site within the Karaikal Port, which enjoys the only deep-water access on the East Coast of India south of Chennai, with all-weather capabilities and round-the-clock operations.
Karaikal LNG, which will have an initial capacity of one million tonnes per annum (MTPA), will include a Floating Storage Unit (FSU) leased via a long-term charter agreement with ADNOC Logistics and Services from 2021 to provide an efficient solution that will enable the supply of this clean fuel to be affordable.
Strategically located 280km south of Chennai and in close proximity to Tamil Nadu’s thriving manufacturing clusters, the new terminal will provide natural gas to power plants, industrial and commercial customers within a 300km radius.
In addition, Karaikal LNG will serve the important city gas networks of AG&P and other city gas companies that bring CNG and LNG to vehicles and piped natural gas to households and other establishments.
AG&P develops and builds LNG import terminals in nascent and growing markets worldwide. At Karaikal LNG, AG&P has developed a flexible configuration combining floating storage and onshore facilities, such as truck-loading, to increase operational efficiencies – resulting in a flexible and commercially-compelling solution for customers.
More details at www.agpglobal.com.
Karaikal LNG, which will have an initial capacity of one million tonnes per annum (MTPA), will include a Floating Storage Unit (FSU) leased via a long-term charter agreement with ADNOC Logistics and Services from 2021 to provide an efficient solution that will enable the supply of this clean fuel to be affordable.
Strategically located 280km south of Chennai and in close proximity to Tamil Nadu’s thriving manufacturing clusters, the new terminal will provide natural gas to power plants, industrial and commercial customers within a 300km radius.
In addition, Karaikal LNG will serve the important city gas networks of AG&P and other city gas companies that bring CNG and LNG to vehicles and piped natural gas to households and other establishments.
AG&P develops and builds LNG import terminals in nascent and growing markets worldwide. At Karaikal LNG, AG&P has developed a flexible configuration combining floating storage and onshore facilities, such as truck-loading, to increase operational efficiencies – resulting in a flexible and commercially-compelling solution for customers.
More details at www.agpglobal.com.
-- BERNAMA
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