Gujarat State Petroleum Corp. has issued a tender to procure a commissioning cargo for the upcoming Chhara terminal, slated for delivery in April. The terminal, located in Gujarat state and developed by Hindustan Petroleum Corp., will have a capacity to import 5 million tons of LNG annually.
The move comes as New Delhi aims to significantly increase LNG import capacity to raise the share of natural gas in its energy mix to 15% by 2030, up from the current 7%. This strategic shift is intended to reduce reliance on more polluting fossil fuels like coal and oil.
Currently, India imports LNG through seven terminals, with the Chhara facility set to join the ranks alongside Swan Energy Ltd.’s Jafrabad import facility, which is also expected to commence operations this year, as per BloombergNEF.
