LNG terminal to come up at Krishnapatnam port
After a public hearing in the vicinity of Krishnapatnam port, J. Murthy, Managing Director, Visakhapatnam - LNG Bharat Private Limited, said that the company is setting up a floating LNG terminal with a capacity of five million tonnes per annum (mtpa) at Krishnapatnam port in Nellore district.
In a statement he said that the company had taken 120 acres of land from the port and leased a berth for setting up the terminal and a pipeline would also be laid from Krishnapatnam to Ennore in Tamil Nadu, via Sullurupeta and Sri City. The total project cost, including the terminal and the pipeline, is estimated to be ` 1,400 crore. “Vimtas Labs, Hyderabad, prepared the environmental impact assessment report and environmental clearance is expected in two months time,” he said.