The newly commissioned Rs 5,150-crore Ennore LNG import terminal in Tamil Nadu will help fast-track Indian Oil Corporation’s (IOC) city gas distribution plan. Gas from the terminal will be supplied to consumers in and around Chennai and Madurai, said Wood Mackenzie, the global energy, chemicals, renewables, metals and mining research and consultancy group. The country’s first east coast regasification project, Ennore LNG terminal, was commissioned on Wednesday by IOC.
Wood Mackenzie’s senior analyst Kaushik Chatterjee, highlighted the significance of this project and how this marks the beginning of India doubling its regasification capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025. He said: “IOC has already secured captive customers for 2 mmtpa capacity. The Ennore terminal will help fast-track IOC’s city gas distribution plan.”
