India’s Deep Industries scores Mundra LNG gig

India’s Deep Industries said it has won a contract from compatriot GSPC LNG to provide services for the latter’s Mundra regasification plant in Gujarat.

Deep Industries said on Wednesday it had received a letter of award from GSPC LNG, a joint venture consisting of the government of Gujarat, GSPC, Adani Group, and others.

Under the contract, Deep Industries would provide gas compression services at the Mundra LNG terminal for a period of five years, it said.

Deep Industries added that the contract has a price tag of 444 million rupees ($5.96 million), but it did not provide any additional information.

The Mundra LNG terminal received its first commissioning cargo in January 2020.

It has two 160,000-cbm storage tanks, a truck loading facility, and a capacity of 5 mtpa.

However, the facility operated at just 20.5 percent capacity in the April-November period, data from the oil ministry’s Petroleum Planning and Analysis Cell shows.

India’s LNG imports dropped for the sixth straight month in November when compared to the year before, while prices continued to increase.

PPAC’s data shows that LNG imports declined by 20.8 percent to 2.22 billion cubic meters or about 1.61 million tonnes in November.

- Advertisements -

Most Popular

CoolCo reveals more details on GAIL LNG carrier charter deal

LNG carrier operator CoolCo has revealed more details regarding its recent 14-year charter deal with India’s largest gas utility...

Golar says progress made on new FLNG deal

Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment. In February,...

Brunei LNG says working to restart compressors

LNG terminal operator Brunei LNG said on Tuesday it is working to restart its onshore compressor plants following an...

More News Like This

India’s Hindustan Petroleum plans to launch Chhara LNG terminal by October

India’s Hindustan Petroleum, a unit of state-owned ONGC, aims to launch its delayed Chhara LNG import terminal in Gujarat...

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal...

India’s Chhara LNG terminal gets first cargo

India’s Hindustan Petroleum, a unit of state-owned ONGC, has received the first cargo of liquefied natural gas at its...

India’s Mundra LNG terminal receives 10th cargo

India’s newest LNG import facility at Mundra, Gujarat has received its tenth cargo of the fuel following the launch...