Indian Oil Corporation has announced its plans to expand the capacity of its liquefied natural gas (LNG) terminal located inside the Kamarajar Port, in Ennore, Chennai, India.
The company aims to double the terminals capacity to 10 million metric tonnes per annum of LNG. This is because projected demand for LNG from the Ennore LNG Terminal is expected to increase beyond its present 5 MMTPA by 2025–26.
The proposed project is expected to be completed in 54 months from the date of the board’s approval.
The proposed facility will have LNG storage tanks, regasification systems, LNG pumps and vapourisers.
The estimated cost of the project is around ₹3,000 crore (€336,528.11)