Jafrabad FSRU

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Jafrabad FSRU, also known as Pipavav Floating Terminal, is an LNG import terminal in India with units that are proposed and in construction.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Phase 1 Jafrabad, Gujarat, India[1] 20.8667, 71.3667 (approximate)
Phase 2 Jafrabad, Gujarat, India[1] 20.8667, 71.3667 (approximate)

The map below shows the approximate location of the terminal:

Loading map...

Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Phase 1 import[2] construction 5 mtpa 10.0 mtpa True –
Phase 2 import[2] proposed[3] 5 mtpa 10.0 mtpa True –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Phase 1 import[2] – –
Phase 2 import[2] – –

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Phase 1 import[2] construction – – 2016 –[4][5][4][5] –
Phase 2 import[2] proposed[3] –[3] – – – –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Phase 1 import[2] construction Indian Farmers Fertilizer Cooperative [30%]; Gujarat Maritime Board [15%]; Gujarat State Petronet [11%]; Mitsui Group [11%]; Swan Energy Ltd [32%][2][2][2][2][2] Swan Energy Ltd [32.1%]; Indian Farmers Fertilizer Cooperative [30.9%]; Gujarat Maritime Board [15.0%]; Gujarat State Petronet [11.0%]; Mitsui Group [11.0%] –
Phase 2 import[2] proposed[3] Indian Farmers Fertilizer Cooperative [30%]; Gujarat Maritime Board [15%]; Gujarat State Petronet [11%]; Mitsui Group [11%]; Swan Energy Ltd [32%][2][2][2][2][2] Swan Energy Ltd [32.1%]; Indian Farmers Fertilizer Cooperative [30.9%]; Gujarat Maritime Board [15.0%]; Gujarat State Petronet [11.0%]; Mitsui Group [11.0%] –

Table 6: Vessel ownership

Name Facility type Status Vessel
Phase 1 import[2] construction Vasant 1[4]
Phase 2 import[2] proposed[3] Vasant 1[4]

Background

Phase 1

Approved in 2016, the Jafrabad FSRU will consist of a floating storage and regasification unit (FSRU) in Jafrabad, Gujarat. The 5 mtpa capacity is planned to be commissioned in 2019 and a future FSRU will expand the terminal to 10 mtpa.[6] Construction is presumed to have begun at the end of 2016 with the approval of the terminal.

The proposal was previously planned for the city of Pipavav, and dates back to 2008.[7]

In September 2020, the 180,000 m3 FSRU Vasant 1 was completed at Korea’s Hyundai shipyard and will be provided by MOL for the 5 mtpa LNG terminal at Jafrabad port in Gujarat. Besides the FSRU, the project, led by Swan Energy Ltd., will also include an FSU.[8]

In November 2020, developers submitting an application to push back construction completion by another year.[9]

In June 2022, Swan Energy said that it expected to commission the FSRU this year.[10]

The first phase of the project, with the 5 mtpa FSRU Vasant 1 and a floating storage unit (FSU), was supposed to be commissioned in 2022, but due to project delays, the FSRU was instead leased to Botas for one year to serve an import terminal in Türkiye.[11][12]

In July 2023, industry experts reported that this terminal has postponed the start-up from previous years and may see further delays due to tight supply globally for FSRU vessels and "tepid local LNG demand due to recently high and volatile prices".[13]

In August 2024, it was announced that Botas would buy Swan Energy's vessel Vasant 1, which had initially been intended for the Jafrabad FSRU project.[14] However, in December 2024, Swan Energy and AG&P Terminals and Logistics announced they had signed a heads of agreement (HOA) to form a joint venture company to provide and FSRU and FSU for the terminal. AG&P will have a 51% stake and Swan Energy will have a 49% stake.[15]

Phase 2

Phase 2 is expected to begin after Phase 1 is commissioned, and includes an additional FSRU to expand the terminal's capacity to 10 mtpa.[6]

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. ↑ 1.0 1.1 https://www.google.com/maps/place/20%C2%B052'00.1%22N+71%C2%B022'00.1%22E/@20.8667,71.3641197,1157m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d20.8667!4d71.3667?entry=ttu&g_ep=EgoyMDI1MDgyNC4wIKXMDSoASAFQAw%3D%3D. {{cite web}}: Missing or empty |title= (help)
  2. ↑ 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.19 https://timesofindia.indiatimes.com/city/ahmedabad/swan-energy-acquires-indias-first-fsru-to-commission-jafrabad-terminal-by-2021/articleshow/79028129.cms. {{cite web}}: Missing or empty |title= (help)
  3. ↑ 3.0 3.1 3.2 3.3 3.4 http://bit.ly/2vSph7l. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 4.2 4.3 https://www.offshore-energy.biz/swan-energy-to-commission-indias-first-newbuild-fsru-this-year/. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 https://www.thehindubusinessline.com/news/indias-commissioning-of-floating-lng-storage-terminals-to-face-further-delays/article67086762.ece. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 6.0 6.1 Swan Energy gets nod for Rs 5,600-crore floating LNG terminal, The Economic Times, December 2016
  7. ↑ Pipavav Floating Terminal, A Barrel Full, accessed April 2017
  8. ↑ GIIGNL. The LNG Industry: GIIGNL Annual Report 2021. Accessed July 22, 2026.
  9. ↑ Maulik Pathak, Swan Energy acquires India’s first FSRU, to commission Jafra, The Times of India, November 4, 2020
  10. ↑ "Swan Energy to commission India's first newbuild FSRU this year". Offshore Energy. 2022-06-06. Retrieved 2022-06-10.
  11. ↑ GIIGNL. The LNG Industry: GIIGNL Annual Report 2023. July 14, 2023.
  12. ↑ "Botas leases FSRU from Swan Energy". Oil & Gas Journal. Mar 9, 2023. Retrieved Jun 14, 2024.{{cite web}}: CS1 maint: url-status (link)
  13. ↑ "India's commissioning of floating LNG storage terminals to face further delays". The Hindu Business Line. July 16, 2023. Retrieved Jun 14, 2024.{{cite web}}: CS1 maint: url-status (link)
  14. ↑ Staff, LNG Prime (2024-08-14). "Botas to buy Swan Energy's FSRU for $399 million". LNG Prime. Retrieved 2025-08-28.
  15. ↑ "Swan Energy and AG&P tie up for India FSRU". upstreamonline.com. Retrieved 2025-08-28.