Toyo awarded LNG regasification plant project
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Toyo Engineering Corp. has been awarded a contract for a new LNG regasification plant to be constructed by GSPC LNG Ltd (GLL) at Mundra in Gujarat State on the west coast of India
The regasification plant will have a send out capacity of 5 million t.
Toyo-India will lead the EPC work on a turnkey basis, from engineering to construction and commissioning. The LNG regasification plant is scheduled to be completed by the end of 2016.
GLL is a joint venture mainly anchored by GSPC (Gujarat State Petroleum Corporation), which is involved in exploration and production of oil and gas, to establish LNG receiving, storage and regasification terminal.
The project follows on from the expansion project for Petronet LNG at Dahej, Gujarat State, which was recently awarded to Toyo. Over 10 additional LNG import terminals are now planned to be built in India, to help meet the growing demand for natural gas for electricity and fertiliser.
Toyo will actively develop its business activities in the country, striving to secure orders for these LNG receiving terminal projects as well as fertiliser projects using gas as feedstock.
Adapted from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/regasification/14042014/toyo_awarded_lng_regasification_plant_project_430/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.