India has taken a step toward increasing
seaborne imports of liquefied natural gas (LNG) as the country held a ground
breaking ceremony for the construction of an LNG terminal in Bhadrak.
Officials informed that cargoes carried
from the US, Canada and Qatar would be delivered to the INR 60 billion (USD
930.3 million) Bhadrak terminal, which will be located at the port of Dhamra.
Although India has import terminals in Gujarat and Maharashtra, the new
terminal will be the country’s first LNG terminal.
Under the development plans, the LNG
terminal will have a capacity of 5 million metric tons per year and is expected
to contribute to the process of development and economic growth in eastern
India, according to Dharmendra Pradhan, India’s Minister of Petroleum and
Natural Gas.
Pradhan further informed that the terminal,
which will provide employment and investment opportunities, along with access
to clean fuel, is expected to be commissioned by 2020-21.
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