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India working on policy for FSRU LNG terminals at all major ports

Creamer Media Correspondent
The Indian government will frame a policy to facilitate the construction of floating storage and regasification unit (FSRU) liquefied natural gas (LNG) terminals at every major port in the country. The policy will lay down investment structure options for private investors so that there is a shift in focus from land-based LNG storage terminals to offshore terminals, as the construction cost of latter is almost half of land-based terminals, an official familiar with framing the proposed policy said.

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