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The Odisha Industrial Infrastructure Development Corporation announced the signing of the MoU in a social media post on Tuesday.
Several other reports also confirmed the signing of the memorandum.
However, no other details have been provided.
Petronet previously planned to install a floating storage and regasification unit (FSRU) in Gopalpur, Odisha.
In 2023, the firm executed binding deals with Gopalpur Ports for its first LNG terminal on India’s east coast.
Petronet and Gopalpur Ports signed sub-concession agreement, sub-lease deed, and port service agreement for the first phase of the 4 mtpa FSRU-based terminal, with provision for converting to a 5 mtpa land-based terminal at the port, the firm previously said.
However, Petronet seems to have opted for the land-based option.
Petronet currently operates the 17.5 mtpa Dahej LNG terminal and the 5 mtpa Kochi LNG terminal.
In addition, the company expects to launch an additional 5 mtpa capacity at its Dahej LNG terminal in western Gujarat state by June this year.
Last year, Petronet launched two new Dahej LNG storage tanks, T-107 and T-108, each with a capacity of 180,000 cbm.
These two tanks add to six existing storage tanks at the Dahej terminal with a total capacity of 932,000 cbm, while Petonet is also building a third jetty at the facility.
The post Petronet inks Gopalpur LNG deal appeared first on Energy News Beat.
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