Related Topics: Energy & Infrastructure, Floating Storage Regasification Unit
- H-Energy, the oil and gas arm of Mumbai-based Hiranandani Group has entered into a port service agreement (PSA) with Kakinada Seaports (KSPL) for developing a liquefied natural gas (LNG) regasification and reloading terminal at Kakinada port in Andhra Pradesh.
- The company has been authorised by the Petroleum and Natural Gas Regulatory Board of India to develop a natural gas pipeline between India and Bangladesh.
About the Project
- H-Energy will develop an LNG hub at the Kakinada Port catering to the needs of domestic customers in Andhra Pradesh.
- It will supply LNG through small vessels to H-energy’s upcoming Kukrahati LNG terminal in West Bengal and neighboring countries such as Bangladesh and Myanmar.
Projects by H-Energy
- The company is engaged in developing LNG regasification terminals at Jaigarh on the west coast and at Kakinada and Kukrahati on the east coast of India.
- H-Energy will start commercial operation of its Floating Storage Regasification Unit-based LNG terminal at Jaigarh port in Maharashtra by end of 2019 along with a 60-km natural gas pipeline to Dabhol.
- The company is laying a 635-km natural gas pipeline from Jaigarh to Mangalore, which will connect gas customers in Maharashtra and Karnataka.
- A 242-km natural gas pipeline is also being set-up by the company from Kanai Chhata to Shrirampur (at India-Bangladesh border), which will supply regasified LNG to customers in West Bengal and Bangladesh.
What is Regasification?
- It is a process of converting liquefied natural gas (LNG) at −162 °C (−260 °F) temperature back to natural gas at atmospheric temperature.
- LNG gasification plants can be located on land as well as on floating barges.
About Floating Storage Regasification Unit (FSRU)
- It is a vital component required while transiting and transferring Liquefied Natural Gas (LNG) through the oceanic channels.
- It plays a key role in the LNG value chain, forming the interface between LNG carriers and the local gas supply infrastructure.
- They are versatile, convenient and can make natural gas available to the market faster than land-based installations.
[Source: The Hindu, Economic Times]