GAIL to commission Dabhol LNG terminal by Nov1 min read . Updated: 30 Jul 2012, 04:53 PM IST
GAIL to commission Dabhol LNG terminal by Nov
New Delhi: State-run gas utility GAIL India Ltd will commission its LNG terminal in Dabhol in October or November, its chairman B.C. Tripathi said on Monday.
The terminal will operate initially at about 2.5 million tonnes a year, half of its installed capacity, Tripathi said.
Tripathi said GAIL will soon conclude a two-to-three-year deal to buy liquefied natural gas (LNG).
“The volume would be almost a million tonne (per year)."
He also said the state-run utility hopes to finalise $450 million in foreign loans in a month’s time.