Petronet LNG Ltd (PLL) has executed binding transaction documents such as Sub-Concession Agreement, Sub-Lease deed and Port Service Agreement with Gopalpur Ports Limited on December 27, 2023 for setting up of Floating Storage Regasification Unit (FSRU) based LNG terminal with capacity of approx. 4 MMTPA (Phase-1), with provision for converting to 5 MMTPA land-based terminal at Gopalpur Port, Ganjam, Odisha.

PLL is in process of setting up its maiden LNG terminal on the east coast of India at Gopalpur, District- Ganjam, Odisha which would bring augmentation in overall regasification capacity in the country thereby contributing towards gas-based economy.