Fox Petroleum will operate the upcoming Karwar Floating LNG regasification terminal, proposed to be built in Karnataka in India. The terminal is expected to start operations in 2023 and will be owned by Fox Petroleum.
The Karwar Floating LNG regasification terminal has a proposed regasification capacity of 365bcf/annum (billion cubic feet) and storage capacity of 0.3 million tons (Mt).
During the period 2021-2025, the Karwar Floating regasification terminal is expected to witness an estimated capex of $429.79m.
Contractors involved in the regasification plant
Some of the key contractors for the Karwar Floating LNG regasification terminal include – Design/FEED: Fox Consultancy Services.Main EPC: Korea Shipbuilding & Offshore Engineering.
MethodologyInformation on the terminal is sourced from GlobalData’s LNG regasification database that provides detailed information on all active and upcoming, large – scale LNG regasification terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.