Philippines-based Atlantic Gulf and Pacific Co. aims to reach FID on its 1 mtpa LNG terminal at Karaikal in India in H1 2018 and to bring it online in September/October 2019, according to Hellenic Shipping News.
The terminal is expected to complement another under construction in Ennore.
The Karaikal terminal will supply independent power plants in Nagapattinam and other customers within 300 km. The terminal’s capacity could be scaled up to 2 mtpa depending on demand.
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