Royal Dutch Shell India unit to invest $1 bn for LNG terminal
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Kakinada is also the landfall point of billionaire Mukesh Ambani-led Reliance Industries' flagging KG-D6 gas fields in the Bay of Bengal, and a near 1,400-km line carries the fuel from there carries the fuel to consumption centres in the west.
The continuing fall in KG-D6 output has triggered a rush for setting up of LNG import facilities to meet the growing energy demands in the country.
While GAIL is doing a detailed feasibility report for the floating import facility, Petronet LNG Ltd - the nation's largest importer of gas in its liquid form (LNG) in ships, too is building a 5 million tonne facility at Gangavaram in Andhra Pradesh by 2016.
In intervening period to the construction of the Rs 4,000 crore Gangavaram terminal, Petronet plans to hire a floating LNG terminal to begin imports of fuel immediately.
State refiner Indian Oil Corp (IOC) also is doing a front-end engineering and design (FEED) study for a terminal at Ennore in Tamil Nadu.