Coffee Bytes
Petronet LNG Ltd, the operator of the world's largest liquefied
natural gas (LNG) import terminal, may look at setting up a fourth
facility in the country, Petronet operates a 17.5 million tonnes a year
LNG import facility at Dahej in Gujarat and another 5 million tonnes
facility at Kochi in Kerala.
looking to sct up a floating LNG import
terminal at Gopalpur in Odisha in the next 3 years at a cost of Rs 1,600
crore.
Natural gas consumption will have to rise to over 500 million standard
cubic meters per day from the current 165 mmscmd to achieve the
government's goal of raising the share of natural gas in the country's
primary energy basket to 15 per cent by 2030 from the current 6.7 per
cent.
Petronet plans to make a foray into the petrochemical business by
investing Rs 12,500 crore in a Propane Dehydrogenation Plant at
Dahej to convert imported feedstock into propylene. Petronet will set
up a4 million tonne a year floating storage & regasification
(FSRU)-based LNG import facility off the Gopalpur port that later will
be turned into a land-based terminal with a higher 5 million tonne
capacity.
Source: PTI