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Total picks up 50 percent stake in Dhamra LNG Terminal

Thursday, 25 Jul 2019
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France-based oil and gas company Total has picked up 50 percent stake in Dhamra LNG Terminal (DLTPL), a unit of Adani Ports and Special Economic Zone (APSEZ). APSEZ is constructing 12 million tpa LNG regasification terminal at its port located at Dhamra in Bhadrak district of Odisha.

 

The LNG terminal is being built with an investment of Rs 5,200 crore. APSEZ-owned Dhamra Port Company has applied to the expert appraisal committee (EAC) attached to the Ministry of Environment, Forest and Climate Change (to transfer environment and coastal regulation zone clearances for the terminal. The LNG terminal is set to start operations by mid-2021.

Apart from meeting local demand for gas, the terminal is of strategic importance for gas supply to neighbouring Bangladesh, Myanmar and Nepal. The Dhamra terminal can supply Bangladesh three-five million tpa.

The Indian Oil Corporation (IOC), GAIL (India) have separately signed long-term off-take agreements with Dhamra LNG Terminal for regasified LNG. IOC has booked three million tpa regasification capacity for 20 years at the Dhamra facility on a use-or-pay basis. GAIL (India) has booked 1.5 million tpa regasification capacity for 20 years on a use-or-pay basis.

GAIL (India) plans to supply the gas to its customers located in the eastern region and along the Jagdishpur-Haldia gas grid which is under development. Initially, the terminal will have two full containment type tanks of 1,80,000 cu mtr capacity each.

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