ONGC signs Rs 40,000-crore MoU with Andhra Pradesh for LNG regasification terminal
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The Andhra Pradesh Government has signed a Rs 40,000-crore memorandum of understanding (MoU) with the Oil and Natural Gas Corporation (ONGC) for setting up a LNG Regasification Terminal in Kakinada Deep Water Port.
The Andhra Pradesh Government has signed a Rs 40,000-crore memorandum of understanding (MoU) with the Oil and Natural Gas Corporation (ONGC) for setting up a LNG Regasification Terminal in Kakinada Deep Water Port.
"We want to make Andhra Pradesh the largest shipping hub, and thus, we are going in a big way for developing ports. We are planning six-seven another ports- major, medium or minor. Our view is very clear, as on today, we are number two in sea cargo and we want to develop further through ports and the port-led economic development," he added.
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