Friday, February 3, 2012

India - Oil and Gas Projects - Kochi LNG Terminal, India's fourth terminal with a capacity of 5mtpa and investment of $1bn

Kochi LNG Terminal - Hydrocarbons Technology
Petronet LNG is building a liquefied natural gas (LNG) receiving, storage and regasification terminal at Kochi, Kerala, India. The terminal is being developed on a 40ha site in the Puthuvype special economic zone with an investment of $1bn.
"The Kochi terminal will be India's fourth LNG terminal and will have a capacity of five million tons per annum (mtpa)."
The Kochi terminal will be India's fourth LNG terminal and will have a capacity of five million tons per annum (mtpa). It will be the biggest of its kind in India and the first in South India. Mechanical completion of the terminal will be achieved by the second quarter of 2012, then full operations will commence in the third quarter of 2013.
Delays
The project was originally conceived in the early 1990s but delayed due to the lack of supply contracts. Initial construction works for the terminal started in July 2007 but were later delayed due to increase in construction costs. Higher piling work was required for the storage tanks and the cost of steel and other construction materials also increased.
The project was resumed in March 2008.

Article Source: Hydrocarbon-Technology

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