India’s Petronet has signed a letter of intent with Sri Lanka to build an LNG terminal near Colombo, according to The Times of India.
Sri Lanka is seeking a Japanese partner for the project to help provide financing. The terminal is likely to be 1-2 mtpa in size.
Petronet has offered to establish end-to-end solutions for gas supply, including delivery to power stations as well as building CNG refuelling stations and pipelines to distribute gas to homes and businesses.
The aim is for imported LNG to...