Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Centre issues guidelines to set up LNG FSRU at major port trusts

Tuesday, 12 Mar 2019
Share this on :
The Union Ministry of Shipping has issued guidelines for setting up floating storage regasification units (FSRUs) for handling liquefied natural gas (LNG) cargo at major port trusts.

The government will follow land license model under a single stage e-tendering for implementing FSRUs with private funds wherein the bid reserve price will be the water area charges set as per the land policy prevailing at a particular port.

The entity quoting the highest premium above the reserve price to be paid to the port will win the contract, typically for 30 years.The total licence rental for the licence period is to be paid upfront. The FSRU project will not be bound by any minimum guaranteed throughout (MGT) till five years after commercial operations date (CoD). Thereafter, 30 percent of the project capacity will be prescribed as MGT.

The scope of an FSRU project includes discharge of LNG, its re-gasification, storage for the required period and supply/transportation through pipeline/smaller vessels/bunkering vessels/trucks to the importer.

The FSRU operator will also be allowed to handle own LNG – it can buy LNG, handle it and sell at market-determined rates. The operator will have to pay port dues, berth hire, pilotage and wharfage to the port trust at prevalent scale of rates as is currently followed in the case of single point mooring (SPM) or single buoy mooring (SBM). For transporting LNG through barges, vessel-related charges pertaining to barges have to be paid to the port trust.

Sign up to start your free trial
REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services