Petronet LNG Ltd, which operates the world’s biggest LNG import terminal, is considering building a fourth plant in the nation to fulfil expanding energy demand in Asia’s third-largest economy, according to its CEO A K Singh.
Petronet runs a 17.5 million-tonne-per-year LNG import plant in Gujarat and a 5 million-tonne-per-year facility in Kerala. It plans to build a floating LNG import facility in Gopalpur, Odisha, for Rs 1,600 crore over the next three years.
“We believe gas demand will continue to grow and we will need avenues to meet such requirement,” he said.
