Equinor to supply LNG for new ammonia plant in India
- 19 February, 2024
- 13:53
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Equinor and the Indian fertilizer and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026, Report informs referring to Equinor’s website.
Equinor’s growing global LNG portfolio is based on LNG from the Equinor operated LNG Plant in Hammerfest, Norway and LNG supply sourced mainly from the US.
This portfolio will be the base of supply to Deepak, which will use the gas mainly as feedstock for production of ammonia in its newly commissioned plant for manufacturing fertilizers and petrochemicals. The agreement covers an annual supply of around 0.65 million tons (ca 9 TWh) of LNG for 15 years starting from 2026.
Ammonia is a key building block for the society, being crucial for agriculture and food security. The ammonia which Deepak will produce from the natural gas will be for domestic use.