IOC in talks with Dhamra Port for LNG terminal
New Delhi   15-Dec-2011

State-owned IndianOil (IOC) is in talks with L&T-Tata Steel-owned Dhamra Port Co Ltd for setting up a 5 million tons a year LNG terminal in Odisha, the firm’s director incharge of new businesses has said.

The LNG import and regassificiation facility at Dhamra port will be besides the Rs 4,320 crore terminal IOC is planning to set up at Ennore in Tamil Nadu, the firm’s director, Mr A.M.K. Sinha, said. “We are looking at the possibility of setting up a LNG import facility at Dhamra port to meet gas demand in Odisha and West Bengal. Our refineries at Paradip and Haldia alone need 2.5 million tonnes of LNG,” he said.