Atlantic, Gulf and Pacific (AG&P), the Philippines-based LNG solutions provider, has been given exclusivity by the Karaikal Port to develop an LNG import terminal at the port, including LNG sourcing and supply.
AG&P also added in its statement that it has secured exclusivity with PPN Power for the supply of LNG.
The Karaikal Port is a deep-water facility located on the east coast of India. Since commencing operations in 2009, the Port has handled over 46 million tons of multi-cargo and received over 1,400 commercial vessels.
As part of the Port’s expansion beyond commercial cargos, it has allocated an area within its existing breakwater to develop an LNG terminal to serve power, industrial and other customers in the region. The port received its environmental approval (EA) for this LNG terminal development in May 2017.
The development of AG&P’s LNG import terminal at Karaikal Port shall complement Indian Oil’s under construction LNG terminal at Ennore 300 kilometers to the north and will provide wider gas accessibility to Puducherry and Tamil Nadu, the company said.
It will serve the heavily industrialized region of central Tamil Nadu in addition to serving the gas-fired power industry as well as multiple demand centers via pipeline and/or city gas distribution network.