Crown LNG plans a 7.2 Mt/year LNG import terminal in India
Crown LNG has initiated the development of an LNG import terminal offshore Kakinada, in Andhra Pradesh (south-eastern India). The project will be built with a regasification capacity of 7.2 Mt/year (9.7 bcm/year). The company has signed an agreement with East LNG to finance, build and lease the infrastructure for the project. Crown LNG Crown will also operate and manage the terminal, over a 25-year lease period. The company is working towards a final investment decision (FID) for the end of 2022. Commissioning is expected approximately 3 years after the FID, i.e. in late 2025 or early 2026.
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