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Adani Ports signs agreement with IOC for LNG regasification

Adani Ports and Special Economic Zone (APSEZ), has signed an agreement with Indian Oil Corporation (IOC) to provide LNG regasification services, at its import terminal in Odisha.

The company stated, “APSEZ…has signed a long term agreement with IOC to provide Liquefied Natural Gas (LNG) regasification services on a use or pay basis to the state-run refiner, at its upcoming LNG import terminal at Dhamra in Odisha.”

Furthermore, the proposed Dhamra LNG import terminal is designed for an initial capacity of 5 MTPA, expandable up to 10 MTPA and IOC proposes to supply gas to its refineries in Paradip in Odisha and Haldia in West Bengal.

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