India’s first floating LNG terminal likely to operationalise soon

India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022. Besides, another floating terminal at Jafrabad in Gujarat is also likely to begin operations this calendar year.

H-Energy Gateway’s floating storage and regasification units (FSRUs) at Jaigarh and the Swan Energy-led terminal at Jafrabad are cumulatively expected to add 11 million tonnes per annum (mtpa) of regasification capacity.

At present, India has six operational import terminals. No new LNG import terminals were commissioned in 2021, with Mundra LNG being the last one to come into operation in 2020, adding 5 mtpa of regasification capacity, it added.

India experienced “exceptionally strong growth” over the past decade, increasing its import capacity by more than 160 per cent. Despite accounting for only 39.5 MTPA of regasification capacity by the end of 2020, India has another 30 MTPA of capacity under construction as of April 2022.