Kochi LNG Terminal
Summary Information Ownership: Petronet LNG Website: http://www.petronetlng.com/ Location: Puthuvypu, near Kochi in Kerala, India Capacity: 5.0 million tons/annum Status: Under Construction Brief Description The Kochi Project is a Greenfield LNG Regasification terminal to be set at Puthuvypeen Special Economic Zone (SEZ) at Kochi, Kerala on land allotted by the Kochi Port Trust. Technical Details Storage capacity: 2 LNG Storage Tanks, each of 160,000 m3 Unloading capacity: Marine or Offshore facilities including the jetty, berthing / unberthing and mooring / unmooring of LNG Tankers and other associated facilities required for all weather operations of LNG ships of nominal capacities ranging from 65,000 to 216,000 m3 Send out capacity: Constructor: CTCI: Project EPC IHI Corporation: EPC contract for two LNG storage Tanks Licensor: Ongoing Projects/Project Status The terminal was commissioned in 2012 Suppliers / Customers Suppliers: Petronet has a 1.5 Million-tonne LNG supply agreement with ExxonMobil Australia to source LNG from the Gorgon LNG Terminal and is in talks with other LNG suppliers Gazprom Marketing & Trading Customers: The terminal will supply natural gas for Power, Fertilizers, Petrochemicals and various other industries in the Southern States The Kochi Refinery is one of the targeted customers History 2008 - Financial Closure 2010 - ExxonMobil and Petronet Sign Gorgon LNG Supply Agreement for the Kochi Terminal 2012 - Gazprom Marketing & Trading Singapore and Gail sign 20 year LNG supply deal Other Information The company has decided to double the capacity from its original plan The Kochi Project shall be funded through debt and equity in the ratio 70:30 Relevant Links Terminal Webpage Petronet LNG to double capacity at Kochi terminal Kochi LNG Terminal Project ExxonMobil and Petronet Sign Gorgon LNG Supply Agreement Petronet LNG Ltd –Achieves yet again the highest profit GAIL plans LNG line to Kochi Refinery, Fertilizers and Chemicals Travancore Ltd Gazprom Marketing & Trading Singapore and Gail sign 20 year LNG supply deal
