State-owned Indian Oil Corporation Limited (IOCL) has awarded an engineering, procurement, construction (EPC) contract to a Black & Veatch led consortium for developing a new liquefied natural gas (LNG) terminal at Ennore in Tamil Nadu state.
KSS Petron India will partner with Black & Veatch for the EPC contract which will also involve commissioning of the LNG receiving terminal on a turnkey basis.
Construction of the facility is scheduled to be completed by 2018.
Black & Veatch India managing director G. Sathiamoorthy said: "The Ennore LNG project is vital for gas supply and furthers our established brand as a proven tier-one global EPC provider.
"The win reinforces our position as a partner of choice for critical infrastructure projects in energy, water and telecom."
The LNG terminal will be the first of its kind to be developed along the east coast of the country.
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By GlobalDataIt has a send-out capacity of five million tonnes and is expected to secure LNG supply to the states in southern parts of the country which have high demands for gas, especially in Tamil Nadu and parts of Karnataka and Andhra Pradesh.
The regasification terminal is also likely to support industrial growth in the region.
