Monday, May 14, 2012

Jamnagar : New GSFC LNG Terminal

Gujarat’s premier fertiliser company, Gujarat State Fertilizers and Chemicals Ltd (GSFC) is expanding its presence in Jamnagar, GSFC is considering a partnership another state owned company, Gujarat State Petronet Ltd (GSPL) for setting up a liquefied natural gas (LNG) terminal near Jamnagar.  GSFC already has a DAP production plant and a captive jetty at Sikka, the idea is to use the LNG terminal to enrich the facility.

Currently GSFC is under expansion of Di-ammonium phosphate (DAP) plant capacity at Sikka to 1.6 mtpa from 1.2 MTPA, this is a Rs.300 crore project.

This LNG terminal will be opening a new business for GSFC, currently India’s only 2 LNG terminal are in Gujarat. GSPL has setup the terminal with Adani at Mundra, while GVK is setting up a new terminal at OkhaMadhi.

India’s LNG demand is likely to rise in coming years. And GSFC on the other hand waiting for the new urea policy to be unveiled, if all is well then GSFC may go ahead with Dahej expansion plan and subsequently the LNG terminal also.

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