Western Concessions Private Ltd, which is a wholly owned subsidiary of H-Energy, has entered into a binding commitment with Höegh LNG Holdings Ltd, for the supply of its floating storage and regasification unit (FSRU) Höegh Giant.

Höegh Giant was built in 2017 – it has a storage capacity of 170,000 m3 and a peak regasification capacity of 750 million ft3/d.

Under a 10-year agreement, the contract is for deployment at its LNG regasification terminal project, which is located at Jaigarh port in the Ratnagiri district of Maharashtra, India. The FSRU will be delivered to H-Energy’s Jaigarh project in 1Q21.

The FSRU will deliver regasified LNG to the 56 km Jaigarh-Dabhol pipeline connecting to the National Gas grid and will also deliver LNG onshore for LNG truck loading facilities. The FSRU is also capable of reloading LNG onto other LNG vessels for providing bunkering services.

Upon the delivery of the FSRU, H-Energy will commission its Jaigarh LNG regasification terminal project in March 2021. This LNG terminal will become India’s first FSRU-based LNG regasification terminal.

H-Energy’s Jaigarh LNG terminal is also constructing truck loading facilities to deliver LNG through trucks to its customers. H-Energy further plans to develop L-CNG stations across India to enhance the utilisation of LNG and CNG as transportation fuel, contributing to the environment in line with the policy of the government of India.

For more information visit www.henergy.com

4th December 2020