Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
October 4, 2021

Karwar Floating LNG Regasification Terminal, India

By Carmen

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).

 

 

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager

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.

 

Methodology

Information 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU