What is the latest on the Chhara LNG terminal? (Business Opportunities - Marketing & Sales)

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What is the latest on the Chhara LNG terminal?


What is the latest on the Chhara LNG terminal?
The Chhara LNG terminal is "commissioned". One cargo has come in
But the point is what about future cargoes? "We are running it as a tolling terminal, and anyone can book capacity," the HPCL management said in a conference call today "We have found that there are a few companies evincing interested in long term offtake, and we are trying to see how that will work out," the management went on to state. "For now we are tieng up cargoes on spot basis and we do not have a long term arrangement yet for cargoes coming in," the management added
But interestingly, HPCL is planning to offtake around 1.5 to 1.75 MMTPA of demand from within its set up. The terminal is now fully connected to the national gas grid, the management has confirmed
#LNG #Indianpetroplus

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Last Update : 29 January 2025 12:12 PM
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