H-Energy has finalized the deal with Höegh LNG for the supply of an FSRU for the Jaigarh LNG project in the Ratnagiri district of Maharashtra, India.
Under the binding commitment with a 10-year term, Höegh LNG will deploy its floating storage and regasification unit Höegh Giant for the project.
The 2017-built Höegh Giant has a storage capacity of 170,000 cubic meters and has a peak regasification capacity of 750 mmscfd or approximately 6 mtpa, H-Energy said in its statement.
The FSRU will deliver regasified LNG to the 56 km Jaigarh-Dabhol pipeline connecting to the National Gas grid and will also deliver LNG onshore for LNG truck loading facilities.
The FSRU is also capable of reloading LNG onto other LNG vessels for providing bunkering services.
Upon the delivery of the FSRU, H-Energy will commission its Jaigarh LNG regasification terminal project in March 2021.
This LNG terminal will become India’s firstFSRU based LNG regasification terminal.
H-Energy’s Jaigarh LNG terminal is also constructing truck loading facilities to deliver LNG through trucks to its customers.
H-Energy further plans to develop L-CNG stations across India to enhance the utilization of LNG and CNG as transportation fuel, contributing to the environment in line with the policy of the Government of India.