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Indian Oil Gives LNG Storage Tank Contract to Japan's Mitsubishi Heavy Industries

Source: PTI Indian Oil Corporation, the country's largest fuel retailer, has awarded a contract to build two football stadium-sized LNG (liquefied natural gas) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Japanese firm Mitsubishi Heavy Industries Ltd (MHI). "The LNG tanks will be the main facility at the first LNG receiving terminal to be constructed on India's East Coast," Mitsubishi Heavy Industries said in a statement. This is also the first LNG storage tank order that MHI has received from India. "Construction of the tanks is slated to begin in July of this year; completion is scheduled for the spring of 2018," MHI said. The high-capacity LNG storage tanks will have a capacity to hold 180,000 ...