Adani Ports signs regasification pact with GAIL

Adani Ports and Special Economic Zone (APSEZ), India’s leading private port infrastructure developer which is currently operating 10 ports and terminals in the country in both eastern and western coasts, has now signed a long term agreement with GAIL India to provide Liquefied Natural Gas (LNG) regasification services on a use or pay basis, at its upcoming LNG import terminal at Dhamra in Odisha.

 

As per the contract, GAIL India has booked 1.5 million tonnes per annum (MTPA) regasification capacity for a period of 20 years. GAIL plans to supply the gas to its portfolio of customers located in the eastern region and along the under development Jagdishpur– Haldia gas grid. “Partnering with GAIL India for facilitating LNG imports is a notable milestone for Adani Ports. This project is now close to being fully subscribed and will play a pioneering role in powering eastern India towards a prosperous and economical gas based future.  It will also become a hub for supply to Bangladesh and Myanmar” said Karan Adani, CEO, APSEZ.

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