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Old August 8th, 2017, 02:19 PM
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Default Gail FSRU India

Hi I am interested in having the information about Kakinada floating LNG terminal for which GAIL, GDF Suez and Shell had sign MoU?
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Old August 8th, 2017, 02:40 PM
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Default Re: Gail FSRU India

Andhra Pradesh Gas Distribution Corporation (APGDC), GDF Suez, Shell and GAIL have declared that they have marked two separate MoUs for a drifting LNG terminal in Kakinada Deep Water Seaport in Kakinada, Andhra Pradesh.

Both MoUs were marked within the presence of N Chandrababu Naidu, Chief Minister of Andhra Pradesh, P Ashok Gajapathi Raju, Union Minister of Civil Aviation, Dharmendra Pradhan, Union Minister of State (Independent Charge) for Petroleum and Natural Gas and YS Chowdary, Union Minister of State for Science and Technology and Earth Sciences.

The main MoU is between APGDC, GDF SUEZ and Shell and backings the improvement of the terminal. APGDC, a joint wander organization between the Government of AP and GAIL, GDF SUEZ and Shell will have 48 per cent, 26 per cent as well as 26 per cent equity in the project, respectively.

The second MOU is between GAIL, GDF SUEZ and Shell and covers both the sourcing of LNG and the advertising of the regassified LNG from the terminal. GAIL, GDF SUEZ and Shell will have 48 per cent, 26 per cent as well as 26 per cent equity in the project respectively.

The Kakinada LNG terminal will utilize a Floating Storage and Regassification Unit (FSRU) with a pinnacle limit of 5 million tons for each annum (MTPA) with the arrangement to twofold the limit. The proposed terminal will utilize top of the line innovation and will be one of the first of its kind in India.

The Kakinada port was discovered reasonable for a venture of this nature attributable to its accessibility of a characteristic break-water in the Hope Island, an obstruction that secures against the effect of high oceans.
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