Published On:April 9 2015
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Kanara chamber seeks LNG handling facilities at New Mangalore Port.
The Mangaluru-based Kanara Chamber of Commerce and Industry (KCCI) has requested the Union Petroleum Ministry to set up LNG handling infrastructure at New Mangalore Port.
A KCCI delegation led by its president Nigam Vasani met the Union Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan, during his recent visit to Mangaluru and made a plea in this regard.
Vasani said the proposal for setting up an LNG terminal at New Mangalore Port has been pending for over a decade.
Requesting the government to sanction a floating storage regasification unit (FSRU) to handle LNG at New Mangalore Port, he said the economic justification for the same was already established.
There is a demand for over 5 million tonnes of LNG in Karnataka. In fact, the coastal districts of Dakshina Kannada and Udupi have a demand of 2.5 million tonnes. Karnataka, which has no energy resources of its own, requires special attention, he said.
Stressing the need for importing methane-rich LNG, Vasani said methane can be used as feedstock for fertilisers and clean power.
HBL