IHI to Construct Two Storage Tanks at Mundra LNG Terminal, India

IHI said it has recently been awarded an EPC contract to construct two of India’s largest LNG storage tanks by GSPC LNG Limited (GLL) at the Mundra LNG Terminal in the State of Gujarat. The two tanks will each have a net storage capacity of 160,000 m³.

The award of this contract to IHI will bring its total number of LNG storage tanks in India to eight tanks, having already completed four, each with a net capacity of 148,000m³ in the State of Gujarat, and two, each with a net capacity of 155,000m³ in the State of Kerala.

Demand for LNG is constantly growing worldwide, with India playing a major role in the total increase in LNG demands. India currently has a total LNG receiving capacity of 25 Million Metric Ton Per Annum (MMTPA), with an additional 5 MMTPA to come online upon completion of the Mundra LNG Terminal. Plans for an additional 15 MMTPA of LNG import are also currently under development.

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LNG World News Staff, January 14, 2014; Image: IHI