INOXCVA signs MoU with Shell Energy India for LNG distribution
Partnership to augment gas-based economy in the country giving enhanced access to LNG by virtual pipeline.
INOX India Pvt Ltd (INOX), global leaders in cryogenic liquid storage, distribution and re-gas solutions have signed a memorandum of understanding with Shell Energy India Pvt Ltd., a wholly owned subsidiary of Royal Dutch Shell plc, for partnering and developing the market for LNG supply by Road from Shell's LNG Terminal in Hazira (District Surat), Gujarat.
The MoU envisages deployment of distribution infrastructure including logistics and receiving facilities at customer end and will offer LNG access to the customers not connected to the pipelines. This will help in increasing the penetration and consumption of clean, reliable and cost-efficient LNG to commercial and industrial (C&I) users all over the country. The MoU also covers the cooperation in developing a larger market for LNG as a transport fuel for long-haul heavy-duty trucks and buses.
“We look forward to working with INOX to deliver LNG by trucks and create access to LNG for customers not connected via pipeline. There is a growing demand for gas, the cleanest-burning fossil fuel, from the City Gas Distribution sector, commercial and industrial customers and as a fuel for heavy-duty transport,” said Ashwani Dudeja, Country Head, Shell Energy India
