Hambantota LNG Terminal

From Global Energy Monitor
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Hambantota LNG Terminal is a proposed floating LNG terminal in the Port of Hambantota, Sri Lanka.[1] There have been no updates in over two years, and the project is presumed to be shelved as of 2023.

Location

The terminal is proposed for the Port of Hambantota, Sri Lanka.[1]

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Project Details

  • Owner: Pearl Energy Pvt Ltd, Socar Trading[1]
  • Parent company: Pearl Energy Pvt Ltd, Socar[1]
  • Location: the Port of Hambantota, Sri Lanka[1]
  • Coordinates: 6.117128, 81.108970 (approximate)
  • Capacity: 1 mtpa[1]
  • Status: Shelved
  • Type: Import[1]
  • Cost: US$100 million[2]
  • Start Year:

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In September 2020, Sri Lanka announced its first LNG project in the Port of Hambantota. The project entails the creation of an LNG hub (LNG trading facility) to supply the chilled fuel to the Maldives and other South Asian nations. The project will utilize an floating storage and regasification unit with an initial capacity of 1 MMtpa.[1]

In March 2021, Socar Trading confirmed that it would join Pearl Energy in developing the project.[2]

There have been no updates in over two years, and the project is presumed to be shelved as of 2023.

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Sue Terpilowski, Sri Lanka- the first LNG project at the Port of Hambantota, Sea News, September 20, 2019
  2. 2.0 2.1 madhukar (2021-03-22). "Socar Trading and Pearl Energy to develop Hambantota LNG Hub - Maritime Gateway". www.maritimegateway.com. Retrieved 2022-06-16.

Related GEM.wiki articles

External resources

External articles