The Rs 3,000 crore Hazira LNG Terminal and Port facilities, in Surat district, Gujarat, is regarded as a key FDI project and it represents one of the largest international investments in India in the energy sector.
The Hazira Terminal includes an LNG storage and regasification terminal within a fully functional port.
A combination of factors went into choosing Hazira as the site for the LNG Terminal and an all weather port. Hazira is situated in the midst of one of the most industrialized areas in the country and has a ready market for gas in the immediate vicinity. It is at a key location and is presently connected to the HVJ, DUPL, GSPL and East West pipelines at Mora, enabling us to supply gas to all of North, West and potentially South India.
The Hazira LNG terminal was the first to introduce Spot LNG supplies into India. The Hazira business model has flexibility to meet specific requirements of the Indian customers and can also handle term contracts. This model is an innovation, specifically meant for the Indian market wherein LNG can be sourced flexibly and competitively for Indian customers.
The Hazira LNG terminal operates and supplies LNG to a large number of customers in different industrial segments ranging from power and fertilizer to refineries, steel and small and medium industries.