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FSRU Projects

H-Energy Private Limited and a Korea Consortium comprised of four large Korean entities have signed an MOU to partner on FSRU and pipeline projects on India's east and west coasts. On the east coast, H-Energy is setting up an FSRU in Digha, West Bengal connected by a 115km subsea pipeline awarded by the Kolkata Port Trust. A 715km pipeline from Contai to the India-Bangladesh border is also planned. On the west coast, H-Energy is executing an FSRU project at Jaigarh Port with pipelines to Dabhol and Mangalore authorized by the PNGRB. The Korea Consortium brings significant experience in LNG imports, shipping

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Mihir Watwe
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127 views2 pages

FSRU Projects

H-Energy Private Limited and a Korea Consortium comprised of four large Korean entities have signed an MOU to partner on FSRU and pipeline projects on India's east and west coasts. On the east coast, H-Energy is setting up an FSRU in Digha, West Bengal connected by a 115km subsea pipeline awarded by the Kolkata Port Trust. A 715km pipeline from Contai to the India-Bangladesh border is also planned. On the west coast, H-Energy is executing an FSRU project at Jaigarh Port with pipelines to Dabhol and Mangalore authorized by the PNGRB. The Korea Consortium brings significant experience in LNG imports, shipping

Uploaded by

Mihir Watwe
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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FSRU Projects

H energy(Apr 17)
H-Energy Private Limited and the Korea Consortium comprised of Korea Gas Corporation
Limited, SK Shipping, Fairwood Peninsula Energy and Korea Development Bank, have
entered into a landmark MOU on November 16th, 2016. This MoU envisages the
participation of four large entities, as members of the Korea Consortium, in the FSRU and
pipeline projects of H-Energy Private Limited in the East Coast and the West Coast of India
through equity investments coupled with joint management in the areas of project execution,
operations and maintenance and skill development.

On the East Coast of India H-Energy Pvt Ltd has made significant progress in setting up a
Floating Storage and Regasification Unit (FSRU) in the offshore Digha region of West
Bengal which will be connected to the onshore receiving facility by a 115-km subsea
pipeline. This project was awarded to H-Energy Pvt. Ltd. and its technical partner through a
tender process carried out by the Kolkata Port Trust. In parallel H-Energy Pvt. Ltd. plans to
lay a 715 km Natural Gas pipeline originating in Contai in West Bengal. This pipeline is
intended to service a number of customers in West Bengal, Odisha as well as to gas based
power projects in Western Bangladesh. The point of delivery of Natural Gas will be near
Duttapulia at the India-Bangladesh border.

H-Energy Pvt. Ltd. is also executing an FSRU project at Jaigarh Port in Maharashtra on
the West Coast of India. For this project H-Energy Pvt. Ltd. has entered into a Port
Concession Agreement with JSW Jaigarh Port Limited and has awarded the contract
for the construction of LNG jetty to JSW Jaigarh Port Limited. For delivery of the
regasified LNG to customers in Maharashtra, Gujarat, Goa and Karnataka, the Petroleum
and Natural Gas Regulatory Board has granted two authorizations to H-Energy Pvt. Ltd.,
namely a 60 KM tie-in Natural Gas Pipeline from Jaigarh to Dabhol and a 635 KM Natural
Gas Pipeline from Jaigarh to Mangalore through the markets of Ratnagiri, Sindhudurg, Goa
and Karwar. The EPC contract for the construction of the LNG jetty and the EPCM contract
for the construction of tie-in pipeline will be awarded shortly.

The cumulative capability of the Korea Consortium is immense. KOGAS is the largest
importer of LNG in the world and owns and operates 4440 km of pipeline network in
Republic of Korea. SK Shipping is the third largest business group in Republic of Korea and
owns and operates 96 vessels including 12 LNG carriers. Fairwood Peninsula Energy is
engaged in the path breaking development of the Delfin Floating LNG project in the Gulf of
Mexico in the United States. The Korea Development Bank is owned by the Government of
Republic of Korea and plays a major role in providing project finance to projects in the Asia
Pacific region.

It is expected that the partnership of H-Energy Pvt. Ltd. and Korea Consortium will provide
much needed fillip to the development of Energy Infrastructure in Eastern and Western India.
The Adani group, which is setting up a 10-million-tonne-per-annum LNG regasification terminal at
Dhamra (Odisha) that is likely to be commissioned in 2018-19, said the terminal would cater to the gas
demand in the same markets of Bengal, Odisha and Andhra Pradesh & OBJECTD FOR THIS PROJECT
ALONG WITH GAIL.

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