PLL: Land-based R-LNG Terminal of 5 MMTPA capacity at Gopalpur Odisha
25th July 2025
The Board of Directors of Petronet LNG Limited (PLL), in its meeting held on 25th July 2025, have accorded in-principle additional investment approval for setting up of a 5 MMTPA land-based LNG Terminal at Gopalpur, from earlier approval of 4 MMTPA Floating Storage and Regasification Unit (FSRU) based LNG terminal for an incremental project cost Rs. 4,048.80 crores (including taxes and duties)
The overall approved value of the project is 6,354.80 crores (including taxes and duties). The project is expected to be completed in approx three years
This will be PLL’s first greenfield LNG terminal at East coast of India at Gopalpur Port, Distt. Ganjam, Odisha.
PETRONET LNG's Current Sourcing & Capacity
- 7.5 MMTPA sourced through Long Term Contract with RasGas, Qatar with back-to-back sales arrangement with GAIL, IOCL & BPCL
- 1.425 MMTPA LNG tied up from MARC (Mobil Australia Resources Company Pty Ltd) - An Exxon Mobil's Venture in Australia with back-to-back sales arrangement with GAIL, IOCL & BPCL
- Additional LNG being sourced through Spot /Short Term Contracts & sold to Offtakers/ Bulk Buyers from time to time
- Company has executed long term firm capacity booking agreements totaling to 8.25 MTPA with major players like GAIL, IOCL, BPCL, GSPC and Torrent
- The Dahej Terminal, with a nameplate capacity of 17.5 MMTPA, operated at 96.6% capacity and achieved a throughput of 16.91 MMT during FY 2024-25. The capacity is being further augmented to 22.5 MMTPA
- The Kochi Terminal, with a nameplate capacity of 5 MMTPA, operated at 22.6% capacity with a total send-out of 1.13 MMT in FY 2024-25. Kochi terminal is the only LNG terminal in India which offers specialised services such as Gassing Up and Cooling Down (GUCD), reloading of LNG and bunkering of LNG, all under one roof
PLL had signed another LNG Sales and Purchase Agreement (SPA) with Exxon Mobil Asia Pacific Pte. Ltd. (EMAPPL - a subsidiary of Exxon Mobil) in year 2017 for purchase of approx. 1.2 MMTPA of LNG. The supplies under this SPA was expected to commence from FY 2025-26 and the total duration of the agreement being 15 years (2025/26 to 2040/41). Similar to MARC SPA, the LNG volumes under this SPA shall also be o aken by GAIL (30%), IOCL (30%) and BPCL (40%)