Crown LNG Holding AS, a Norwegian group which specialises in developing LNG infrastructure for harsh weather conditions, has begun development of an LNG terminal offshore in Kakinada, India.
CEO of Crown, Gunnar Knutsen, said: “We will build an LNG terminal that will be operational 365 days per year, including during the monsoon season, for 25 years following the completion of the terminal.”
The LNG terminal will be built with an annual re-gasification capacity of 7.2 million tpy. It will support India’s gas initiative and help to reduce carbon emissions.
Chairman of Crown, Jørn Husemoen, said: “The Indian government is dedicated to safeguarding the energy supply to domestic industry and consumers, while also facilitating a responsible energy transition. The Kakinada LNG project is proof of this.”
Not only will such a solution be able to withstand the harsh weather conditions the Indian monsoon season presents, it will also contribute towards decongesting busy ports and keeping hazardous substances away from populated areas.
The company is working towards a final investment decision for the end of 2022, with terminal operational approximately three years after making a final investment decision for the project.
For more information visit www.crownlng.com
