GAIL India Invests $63M in LNG Terminal Unit
GAIL India is investing 6 billion rupees to build a heating unit at its Ratnagiri LNG terminal. The project will allow the facility to operate at full capacity by June 2027. The terminal currently runs at half capacity without the unit.
Insights:
GAIL India will invest $63.1 million to build a heating unit at its Ratnagiri LNG terminal in India, expanding processing capacity. The investment addresses a longstanding operational bottleneck at the coastal import facility. The upgrade will allow the terminal to run at full capacity, boosting local gas processing efficiency.
