Adani Total says Dhamra LNG terminal operating at 55% utilization rate

2/6/2024

(Reuters) - Adani Total Pvt Ltd's Dhamra terminal has received 15 commercial LNG cargoes since commissioning in May 2023 and is operating at a utilization rate of 55%, CEO Satinder Pal Singh said on Tuesday.

Singh, speaking on the sidelines of the India Energy Week event in the state of Goa, said the capacity of the terminal on India's east coast could be doubled and the company is in the early stages of planning its expansion.

The 5 MMtpy LNG terminal, in which French energy giant TotalEnergies has a 50% stake, has a 20-year take-or-pay contract to provide regasification services to state-run Indian Oil Corp and GAIL (India) Ltd GAIL.NS.