India’s first-ever floating LNG storage, regasification unit arrives

April 13, 2021: India’s first floating storage and regasification unit (FSRU) FSRU Höegh Giant has arrived at H-Energy’s Jaigarh Terminal in Maharashtra on Monday, April 12, 2021, from Keppel Shipyard, Singapore.

An FSRU is a special type of ship used for transiting and transferring Liquefied Natural Gas (LNG) through the oceanic channels.

The 2017-built Höegh Giant has a storage capacity of 170,000 cubic metres and an installed regasification capacity of 750 million cubic feet per day (equivalent to about 6 million tonnes, per year). H-Energy has chartered the FSRU for a 10 year period. Höegh Giant will deliver regasified LNG to the 56-kilometre long Jaigarh-Dabhol natural gas pipeline, connecting the LNG terminal to the national gas grid.

The facility will also deliver LNG through truck loading facilities for onshore distribution, the facility is also capable to reload LNG onto small-scale LNG vessels for bunkering services. H-Energy also intends to develop a small-scale LNG market in the region, using the FSRU for storage and reloading LNG onto smaller vessels.

Darshan Hiranandani, chief executive officer, H-Energy, said, “This will be India’s first FSRU based LNG regasification terminal, which marks a new chapter in India's mission for accelerated growth of LNG infrastructure. FSRU based LNG Terminals aim at providing the ability to enhance the pace of natural gas import capability in an environment-friendly and efficient manner”.

“We are committed to the growth of the LNG market in India. We aim to contribute to the overall development of the natural gas value chain, aligned with the prime minister’s vision of increasing the share of natural gas in India’s energy mix from precent 6 percent to 15 percent by 2030,” he added.

With the berthing of the FSRU Höegh Giant, the LNG regasification terminal will be ready to start testing and commissioning activities soon.

H-Energy has developed the LNG terminal in accordance with world-class engineering & safety standards. The LNG terminal is located at JSW Jaigarh Port in the Ratnagiri district of Maharashtra, on the west coast of India. The port is the first deepwater, 24/7 operational private port in Maharashtra.

H-Energy
H-Energy has been established to offer environmentally safe and sustainable energy solutions. H-Energy is currently developing LNG regasification terminals and cross-country pipelines on the west and east coast of India. These infrastructure projects will entail investments of up to $2.0 billion.