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GPPL in talks with Essar, Swan for LNG terminal

Saturday, 02 May 2009
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Gujarat Pipavav Port Ltd (GPPL), promoted by APM Terminals, is reportedly in talks with the Essar Group and Mumbai-based Swan Energy to form a consortium for setting up a Liquefied Natural Gas (LNG) terminal project at Pipavav, Gujarat.

GPPL has begun an internal study for an either onshore or floating LNG terminal project. The study will look at pipeline options for the Pipavav port to transport gas from the proposed LNG terminal. GPPL is yet to work out the details of the scale of the terminal project and the investment plan. The company is likely to rope in equity partners that could provide technology expertise or access to LNG supply.

Pipavav port has 400 ha and a considerable part of the land has been reserved for the LNG project.

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