"The expansion design is being finalised for increasing LNG capacity," Maarten Wetselaar, Executive Vice President of Shell Integrated Gas said at the Singapore International Week.

"The investment will be announced shortly," he said responding to a question. "Hazira (capacity) has been fully booked," Wetselaar pointed out.

Meanwhile, Shell is also discussing Floating Regasification Storage Unit project at Kakinada in Andhra Pradesh with GAIL and Gaz de France.

"Gas import for the Indian east coast market would depend on the customers," Wetselaar said.

Shell is committed to 25 percent in the Kakinada FSRU project, he confirmed. "The kakinada project is still in early stage," he said.

The FRSU will regasify imported LNG. The Rs 3,000 crore Hazira LNG Terminal and Port facilities in Surat district of Gujarat is regarded as a key foreign direct investment (FDI) project and represents one of the largest international investments in India in the energy sector.

The Hazira LNG Terminal and Port is partnered by Shell Gas B V and Total Gaz Electricite Holdings France, representing two of the largest private LNG suppliers in the world.

Total has a shareholding of 26 per cent in each of the companies that comprise the Hazira LNG Terminal and Port project and are collectively known as Hazira Group Companies (HGC).

The Hazira Terminal includes a liquefied natural gas (LNG) storage and re-gasification terminal within a fully functional port.

The Hazira Port is designed as a deep-water, all-weather and direct-berthing port.

It is built with a protected harbour design, with additional waterfront for development of non-LNG cargo handling terminals.

Hazira Port has an approach channel of about 1000 metres, turning radius of 600 metres and dredged draft of 12.5 metres with a capacity to accommodate larger vessels using tidal variance.

The Hazira Port is planned as a 'Gateway Port' to serve the hinterlands of north, west and central India where the container traffic is expected to grow exponentially.

The port also falls close to the planned Delhi Mumbai Industrial Corridor (DMIC) and the high-speed dual carriageway constructed under the Golden Quadrilateral Project.

Latest News  from Business News Desk