Krishnapatnam FSRU

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Krishnapatnam FSRU is a cancelled (inferred 4 y) LNG import terminal in India.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Krishnapatnam FSRU Krishnapatnam Port, India 14.253863, 80.115081 (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
Krishnapatnam FSRU import cancelled (inferred 4 y) 1 mtpa 1.0 mtpa True –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Krishnapatnam FSRU import US$223,000,000 US$223,000,000

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
Krishnapatnam FSRU import cancelled (inferred 4 y) – – – –[1][1] 2022 (cancelled)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Krishnapatnam FSRU import cancelled (inferred 4 y) Bharat Gas Resources Ltd [74%]; Petronet LNG [26%][1][1] Bharat Gas Resources Ltd [74.0%]; Petronet LNG [26.0%] –

Background

According to a 2018 article from the Business Standard, "As part of its expansion plans, the privately-run Krishnapatnam Port is looking to build a liquid bulk cargo terminal of one million tonnes capacity along with an RO-RO facility that would cater to the demand from the oil and power sectors. According to Anil Yendluri, CEO & Director of Krishnapatnam Port, the liquid bulk cargo facility would be built in collaboration with LNG Bharat Group with an initial capacity of one million tonnes. The overall project comprises an LNG floating storage, onshore buffer storage tank, re-gasification etc."[2]

According to Bharat Petroleum Corp's chairman, the terminal could be scaled up to 3 or 5 mtpa later on.[3]

There have been no development updates since 2019 and project is presumed cancelled.

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 1.2 1.3 https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/082719-india-plans-new-floating-lng-import-terminal-on-east-coast-by-2022. {{cite web}}: Missing or empty |title= (help)
  2. ↑ Megha Manchanda, Krishnapatnam Port to expand bouquet; build liquid bulk cargo, LNG terminal, Business Standard, January 16, 2018
  3. ↑ Dutta, Ratnajyoti (2019-08-27). "India plans new floating LNG import terminal on east coast by 2022". www.spglobal.com. Retrieved 2022-06-16.