Karaikal FSRU

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Karaikal FSRU is an LNG import terminal in India with units that are proposed.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Phase 1 Karaikal Port, Puducherry, India[1] 10.911092, 79.8438253 (approximate)
Phase 2 Karaikal Port, Puducherry, India[1] 10.911092, 79.8438253 (approximate)

The map below shows the approximate location of the terminal:

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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[1] proposed[2] 1 mtpa[1] 3.0 mtpa True –
Phase 2 import[1] proposed[2] 2 mtpa[2] 3.0 mtpa True –

Table 3: Cost

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

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[1] proposed[2] 2017[2] – – 2026[3][1][4][3][1][4] –
Phase 2 import[1] proposed[2] 2017[2] – – – –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Phase 1 import[1] proposed[2] Atlantic Gulf and Pacific Co [100%][1] Nebula Energy LLC [80.0%]; Asiya; JBIC; Osaka Gas Co Ltd –
Phase 2 import[1] proposed[2] Atlantic Gulf and Pacific Co [100%][1] Nebula Energy LLC [80.0%]; Asiya; JBIC; Osaka Gas Co Ltd –

Table 6: Vessel ownership

Name Facility type Status Vessel Vessel owners Vessel operator
Phase 1 import[1] proposed[2] FSU Ghasha[5][6] Abu Dhabi National Oil[7] Atlantic Gulf and Pacific[7]
Phase 2 import[1] proposed[2] FSU Ghasha[5][6] Abu Dhabi National Oil[7] Atlantic Gulf and Pacific[7]

Background

In February 2020 AG&P announced that it would build the terminal on a 12-acre site within the port of Karaikal, and expected it to begin operating in Q4 2021.[8] The terminal will be FSU and/or FSRU-based.[8]

According to Hydrocarbons Technology, the company plans to implement either a floating storage and regasification unit (FSRU) and/or floating storage unit (FSU) concept with submerged turret system at the terminal. The FSRU/FSU will comprise an LNG vessel with on-board re-gasification facilities and will be permanently moored at depths between 15m and 30m in nearshore waters.[9]

According to Hydrocarbons Technology, the project received environmental impact clearance in May 2017. The terminal is expected to be built in two phases: Phase 1 would have capacity of 1 mtpa, and during Phase 2 capacity would be increased to 3 mtpa with a maximum capacity of 6 mtpa.[9]

In February 2020, AG&P and ADNOC Logistics and Services have signed an agreement for the conversion, supply, operations, and maintenance of a floating storage unit (FSU). This FSU was intended to be converted to a new LNG terminal in Karaikal Port.[10]

In December 2022, AG&P said that it had secured a floating storage unit (FSU) to be deployed at the terminal. The FSU Ghasha was being leased from Abu Dhabi National Oil Company (ADNOC) for 11 years with a 4-year extension possible. The FSU was expected to be deployed alongside a floating storage and regasification unit (FSRU).[11]

In December 2022, Reuters reported that the company had a ground-breaking ceremony on terminal construction in February 2020.[12] However, Covid-19 pandemic has led to a delay in the terminal's development. At this time, the company was looking to set up its first liquefied natural gas terminal in India by 2024 end but it was not necessarily at Karaikal location.[12]

In January 2023, the company confirmed their initial intention to develop the terminal and that this terminal proposal was not yet fully canceled or scrapped. However, AG&P also stated that they are contemplating alternative locations. The intention at this time was to finalize the plans for the terminal at a location in India by the end of 2023. At this time, it was unclear whether the Karaikal location would be chosen.[13] At this time, the terminal was also not yet under construction.[13]

According to GIIGNL, in July 2023, the terminal was under construction, delayed, and expected to begin operation by the end of 2024.[14] However, this does not agree with other news sources which state that construction has not yet started, besides the initial ground-breaking ceremony. Therefore, the terminal's status at this time is still proposed.

In January 2024, AG&P stated that it would commission a total of six LNG import terminals in the next two to three years in South and Southeast Asia, including the LNG terminal at Karaikal.[15]

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. ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 1.16 https://www.nsenergybusiness.com/news/agp-karaikal-lng-import-facility/. {{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 https://www.hydrocarbons-technology.com/projects/karaikal-lng-import-terminal-puducherry/. {{cite web}}: Missing or empty |title= (help)
  3. ↑ 3.0 3.1 (PDF) https://giignl.org/wp-content/uploads/2023/07/GIIGNL-2023-Annual-Report-July20.pdf. {{cite web}}: Missing or empty |title= (help)
  4. ↑ 4.0 4.1 https://www.reuters.com/markets/commodities/agp-lng-aims-start-developing-6-import-terminals-within-2-years-2024-01-30/. {{cite web}}: Missing or empty |title= (help)
  5. ↑ 5.0 5.1 https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/012723-interview-ag-p-speeding-philippines-india-lng-terminals-development. {{cite web}}: Missing or empty |title= (help)
  6. ↑ 6.0 6.1 https://www.offshore-energy.biz/agp-adnoc-to-convert-fsu-for-karaikal-facility-in-india/. {{cite web}}: Missing or empty |title= (help)
  7. ↑ 7.0 7.1 7.2 7.3 https://lngprime.com/asia/agp-secures-fsu-from-adnoc-for-lng-import-terminal-in-india/69319/. {{cite web}}: Missing or empty |title= (help)
  8. ↑ 8.0 8.1 NS Energy Staff Writer, Karaikal LNG terminal to start operations by Q4 2021, India Times, Feb. 21, 2020
  9. ↑ 9.0 9.1 "Karaikal LNG Import Terminal, Puducherry". Hydrocarbons Technology. Jun 18, 2024. Archived from the original on Jun 18, 2024. Retrieved Jun 18, 2024.
  10. ↑ "AG&P, ADNOC to convert FSU for Karaikal facility in India". Offshore Energy. Feb 10, 2020. Retrieved Jun 17, 2024.{{cite web}}: CS1 maint: url-status (link)
  11. ↑ LNG Prime Staff (2022-12-21). "AG&P secures FSU from Adnoc for LNG import terminal in India". LNG Prime. Retrieved Jun 17, 2024.
  12. ↑ 12.0 12.1 "AG&P aims for its first LNG terminal in India by 2024 end - official". Reuters. Dec 5, 2022. Retrieved Jun 13, 2024.{{cite web}}: CS1 maint: url-status (link)
  13. ↑ 13.0 13.1 "INTERVIEW: AG&P speeding Philippines, India LNG terminals development". S&P Global. Jan 27, 2023. Retrieved Jun 18, 2024.{{cite web}}: CS1 maint: url-status (link)
  14. ↑ GIIGNL. The LNG Industry: GIIGNL Annual Report 2023. July 14, 2023.
  15. ↑ "AG&P LNG aims to start developing 6 import terminals within 2 years". Reuters. Jan 30, 2024. Retrieved Jun 13, 2024.{{cite web}}: CS1 maint: url-status (link)