Petronet LNG Plans to Develop LNG Terminal in Orissa

Petronet LNG Ltd. intends to develop a RS. 4,000-5,000 crore liquefied natural gas terminal along the Orissa coast.

The company is yet to fix on a site for the proposed LNG terminal. However, possible locations are Dhamara, Gopalpur and Paradip, according to a report.

"Petronet LNG is keen to set up an LNG terminal along the Orissa coast. The company is yet to zero in on any site though Dhamara, Gopalpur and Paradip have emerged as the potential locations. Petronet LNG has told us that the Orissa coast is the most suitable location for setting up the LNG terminal in which Rs 4,000-5,000 crore will be invested,” said T Ramachandru, principal secretary (industries), Orissa government.

Source: Commodity Online