A LNG terminal proposed at Gangavaram Port by Petronet LNG Ltd (PLL), a company floated by leading public sector petroleum companies, has a hit a roadblock for a long time leading to speculation that it may not materialise. This is one among three LNG terminals envisaged in the East Coast. PLL has terminals at Dahej and Kochi and the Gangavaram project is their third one. PLL wanted to invest ?4,500 crore on first phase. It wanted to import and transport LNG directly to the customer during the phase.
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