OPERATIONS

LNG terminal a first for India

Shell India Private has unveiled India's first private sector Liquefied Natural Gas (LNG) receiving terminal, at Hazira (Surat) in Gujarat. With an estimated investment of $US600 million, the project is amongst the largest greenfield foreign direct investments in India's energy sector.

LNG terminal a first for India

Upon completion, the LNG terminal will have a capacity of 2.5 million metric tonnes of LNG per annum rising to 5 million tones, with the capacity to be expanded to 10 million tonnes per annum if required.

Over 50% of the project work is completed and the commissioning of the terminal is scheduled to begin in the second half of 2004. Shell is also working on plans to develop a multi-cargo, all-weather port to handle solid, bulk and containerised cargo at Hazira.

"Hazira is a global first for the LNG industry. Because of the unique circumstances of the growing Indian gas market, Hazira will offer great flexibility in contract duration and match customer demand profile by seasonality," said Marc den Hartog, director (Gas & Power), Shell India Private.

"Shell is one of the largest private equity producers of natural gas and this ensures a multi-source supply."

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