INOXCVA and Mitsui have today (12th April) inked a Memorandum of Understanding (MoU) that will see the sharing of technical and commercial expertise for further establishing a virtual pipeline to service the growing LNG demand in India.
Sharing details of the agreement, the companies’ said the MoU entails deployment of small-scale LNG infrastructure including logistics and receiving facilities at customer end and will offer LNG access to the customers not connected to the pipelines.
Further to that, the collaboration will look to capitalise the experience of both the organisations for investigating and establishing small scale energy businesses and projects in mutually agreed geographic locations, thereby making the cleaner fuel more accessible and economically viable.
“Increasing the use of LNG in the progressive and evergreen domains of manufacturing and transport is a priority for our Government, which underlines the benefits of LNG,” said Siddharth Jain, Executive Director of INOXCVA.
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