Indian Oil to own 45% Stake in Tamil Nadu LNG terminal.
Indian Oil Corp
Ennore will be the third LNG terminal on the east coast with state-owned GAIL India Ltd building a facility at Kakinada in Andhra Pradesh and Petronet LNG Ltd proposing a 5 million tons facility at Gangavaram in Andhra Pradesh.
India currently has four LNG import terminals, all on the west coast — Dahej and Hazira in Gujarat, Dabhol in Maharashtra and Kochi in Kerala.
LNG is a gas that is cooled down to liquid form and takes up just 1/600th of the volume in its gaseous state.
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Courtesy of economictimes.indiatimes.com