Pipeline Infrastructure Ltd (PIL) and Crown LNG Holdings Ltd have signed an initial agreement to establish crucial pipeline connectivity between Crown LNG’s proposed terminal and PIL’s existing pipeline network in Kakinada, Andhra Pradesh, according to a PTI report.
The agreement was signed on July 10 by Akhil Mehrotra, Managing Director of PIL, and Swapan Kataria, CEO of Crown LNG Holdings Ltd, marking a significant step in expanding gas access in the region.
Under the terms of the agreement, Crown LNG’s proposed 7.2 MTPA Gravity-based Structure and Regasification Unit (GBSRU) at Kakinada will be connected with the PIL pipeline. This connectivity is contingent upon the satisfaction of various terms and conditions, the joint statement said.
PIL, a special-purpose vehicle under the Energy Infrastructure Trust (InvIT), currently owns and operates a vital 1,400-km pipeline stretching from Kakinada to Baruch in Gujarat.
This extensive network is currently utilised by major players like Reliance Industries Ltd for transporting natural gas from offshore fields to end-users across the country.
With this latest agreement, Crown LNG will now also be able to leverage PIL’s robust pipeline infrastructure for the efficient transportation of its imported natural gas, further diversifying the sources of gas supply within India.
