Dec 19 2016 | India Opportunities

Gujarat Maritime Board (GMB) approves LNG terminal

Swan Energy Ltd, through its 100 per cent subsidiary company Swan LNG Pvt Ltd (SLPL) has got the approval from GMB to commence the construction of LNG terminal with ancillary structures for its floating storage and regasification unit (FSRU) project at Jafrabad, Gujarat. The project is estimated to cost Rs 5,600 crore. BPCL and ONGC have agreed to take one million tonne per annum capacity each on the 5 million tonne a year floating LNG terminal.