Indian Oil Corp (IOC) has agreed a use or pay basis deal to utilise up to 60% of the initial capacity at the Dhamra LNG terminal in India.
It signed the 20-year contract for the regasification of 3mt per annum (mtpa) of LNG with Adani Ports and Special Economic Zone (APSEZ).
In addition to IOC, Indian utility Gail will utilise some 1.5mtpa
