LNG terminal offshore India to be developed by Crown LNG

LNG terminal offshore India to be developed by Crown LNG


A Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, Crown LNG Holding AS, has started developing an LNG terminal offshore in Kakinada, India. 

The lack of viable LNG facilities on the east coast has caused significant energy shortages for the eastern part of India; especially for high-volume energy users such as fertiliser, petrochemicals and power plants that are located in and around Andhra Pradesh. Many facilities have even been sitting idle due to lack of natural gas supplies.

Gunnar Knutsen, CEO of Crown, said: “We will build an LNG terminal that will be operational 365 days per year, including during the monsoon season, for 25 years following the completion of the terminal.”

The LNG terminal will be built with an annual re-gasification capacity of 7.2 million tpy. It will support India’s gas initiative and help to reduce carbon emissions. Not only will such a solution be able to withstand the harsh weather conditions the Indian monsoon season presents, it will also contribute towards decongesting busy ports and keeping hazardous substances away from populated areas.

Jørn Husemoen, chairman of Crown, said: “The Indian government is dedicated to safeguarding the energy supply to domestic industry and consumers, while also facilitating a responsible energy transition. The Kakinada LNG project is proof of this.”

Crown LNG anticipates the Kakinada project’s contractor and key subcontractors will be announced during the coming weeks. The company is working towards a final investment decision for the end of 2022, with terminal operational approximately three years after making a final investment decision for the project.

For more information visit www.crownlng.com

18th June 2021