Corporate News     27-Dec-23
Petronet LNG inks deal with Gopalpur Ports to set up LNG terminal
Petronet LNG has executed binding Transaction Documents viz. (a) Sub-Concession Agreement (b) Sub-Lease deed and (c) Port Service Agreement with M/s Gopalpur Ports on 27 December 2023 for setting up of Floating Storage Regasification Unit (FSRU) based LNG terminal with capacity of ~4 MMTPA (Phase-1), with provision for converting to 5 MMTPA land-based terminal at Gopalpur Port, District - Ganjam, Odisha.

Petronet LNG is in process of setting up its maiden LNG terminal on the east coast of India at Gopalpur, District- Ganjam, Odisha which would bring augmentation in overall regasification capacity in the country thereby contributing towards gas-based economy.

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