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Haldia land for LNG

Fiinews by Fiinews
September 13, 2016
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Haldia land for LNG

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Haldia allocates land for LNG import terminal.

The Haldia Dock Complex under Kolkata Port Trust has earmarked about 10 acres of land in the vicinity of Haldia Oil Jetty No. 1 for a 30-year lease for LNG storage facilities.

The land will be available from mid-December 2016.

The LNG receiving facility, to be completed in 24 months from date of land allotment, will include pipelines and unloading arms.

It is in line with Shipping Ministry’s recent efforts to reduce logistics cost and achieve the COP21 targets on cutting down pollution by introducing the use of LNG as fuel for barges.

Use of LNG is expected to save around 20 percent on fuel. Carbon Dioxide emissions are likely to get reduced by 20-25 percent and nitrogen/sulphur oxide emissions by 90 per cent.

The Ministry has discussed planning of terminals with LNG importer Petronet LNG Ltd (PLL) and Inland Waterways Authority of India (IWAI) at various ports, which has plans to introduced LNG-fuelled barges.

PLL is in the process of preparing a Detailed Feasibility Report for setting up LNG facilities at Haldia, Sahibganj, Patna and Ghazipur on NW-I (Ganga) as per an MoU signed by them with IWAI during the Maritime India Summit in Mumbai in April this year.  fii-news.com

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