India’s First Floating Storage and Regasification Unit (FSRU) arrived at H-Energy’s Jaigarh Terminal in Maharashtra.
On Monday, the FSRU HOEGH GIANT sailed from Keppel Shipyard, Singapore before being berthed at Jaigarh terminal.
As per statements from H-Energy, this would become the first year-round Liquefied Natural Gas (LNG) terminal in the Indian state of Maharashtra. Located in the Western Coast of India at the JSW Jaigarh Port in the Ratnagiri district of Maharashtra, the port is set to serve as the first deep water, 24×7 operational private port in Maharashtra.
In a statement, H-Energy said, “The 2017-built HOEGH GIANT has a storage capacity of 170,000 cubic meters and installed regasification capacity of 750 million cubic feet per day (equivalent to about six million tonnes a year). H-Energy has chartered the FSRU for 10 years.”
FSRU’s have distinct advantages compared to onshore LNG facilities. They are way cheaper and require very little time when it comes to the planning and execution stage. But on the other hand, mobility comes with little or no scope of expansion.
Mr. Darshan Hiranandani, CEO of, H-Energy commented on the occasion, “With immense pride, H-Energy welcomes the FSRU HOEGH GIANT, at Jaigarh Terminal in Maharashtra, India. This will be India’s first FSRU based LNG regasification terminal, which marks a new chapter in India’s mission for accelerated growth of LNG infrastructure. FSRU based LNG terminals aim at providing the ability to enhance the pace of natural gas import capability in an environment-friendly and efficient manner.”
Showcasing H-Energy’s commitment towards the growth of the LNG market in India, he said that his company aims at increasing the share of natural gas in India’s energy mix from the present 6% to 15% by 2030.
The LNG regasification terminal will be ready to start testing and commissioning activities soon.
Posted in Tanker and Oil Industry by Ankur Kundu on Apr 15, 2021 at 08:35