“The first Liquid Natural Gas (LNG) terminal on the east coast of India will be built in Andhra Pradesh. The Andhra Pradesh Gas Distribution Corporation (APGDC), Gas Authority of India Limited (GAIL), GDF Suez and Shell signed two MoUs to set up a Floating LNG terminal at Kakinada deep water port. The first Memorandum of Understanding (MoU) set up a terminal company between APGDC, GDF Suez and Shell. The APGDC, a joint venture company of Andhra Pradesh government and GAIL, GDF Suez and Shell will have 48%, 26% and 26% equity in the project respectively. The second MoU is to set up a trading company and covers both the sourcing of LNG and the marketing of the regasified LNG from the terminal, with the same equity represented in the trading company as well.
(Source: ‘Andhra Pradesh to get east coast’s 1st floating LNG’, 26 Sep 2015, The Times of India)
Against this backdrop, SMi’s 4th annual Floating LNG conference, taking place on 17-18 February 2016 in London, will feature Andhra Pradesh Gas Distribution Corporation Limited’s & GAIL’s Managing Director, Sri S. Narayanan, delivering a keynote address on Day Two about the Kakinada Floating LNG terminal project. The two-day programme will provide further updates on current projects, LNG market dynamics, advances in construction and technology, new business opportunities and how to make the most of them.
Speaker Panel includes:
• Sri S. Narayanan, Managing Director, Andhra Pradesh Gas Distribution Corporation Limited / GAIL
• Boris Ertl, Advisor LNG & Gas Monetisation, Upstream Engineering Centre, BP
• Alan Buxton, COO, Gasol Plc
• Laszlo Varro, Head of Gas, Coal and Power Markets Division, International Energy Agency
• Steve Robertson, Director, Douglas-Westwood
• Barry Worthington, Executive Director, United States Energy Association
• George Shammas, Curent Chairman, Cyprus Energy Regulatory Authority (CERA)
View the full speaker line-up and conference programme at http://www.floating-lng.co.uk/evvnt”