HPCL, SP Ports to Develop LNG Terminal in Gujarat

Indian state-owned Hindustan Petroleum Corp Ltd (HPCL) and infrastructure firm Shapoorji Pallonji plan to set up a LNG terminal on Gujarat coast.

HPCL and SP Ports Pvt Ltd, a unit of Shapoorji Pallonji Group, plan to set up the liquefied natural gas (LNG) import terminal at Chhara in Gujarat’s Junagadh district through a 50-50 joint venture, sources privy to the development told Press Trust of India.

SP Ports is already developing a greenfield, all weather, direct berthing port in Junagadh district.The two parties are carrying out a detailed feasibility study for establishing technical and commercial viability of setting up an LNG import and regasification terminal of 5 million tonnes per annum capacity at the proposed port, the sources said.

Gujarat already has two functional ports at Dahej and Hazira. A third one is being planned by Gujarat State Petroleum Corp (GSPC) and Larsen & Toubro (L&T) at Mundra. The Chhara terminal would be the fourth in the state.

The sources said the Chhara import terminal may take a minimum of three years to build, PTI said.