Petronet LNG Ltd. Signs MoU with LTL Holdings Limited for LNG Supply to Sri Lanka Power Plant

Petronet LNG Limited (PLL) has entered into a Memorandum of Understanding (MoU) with LTL Holdings Limited (LTL) of Sri Lanka on 20th August 2024 for the supply of LNG to LTL’s dual fuelled Power Plant(s) in Kerawalapitiya, Colombo. The MoU aims for the development of an LNG supply chain from PLL’s LNG terminal in Kochi to LTL’s Power Plant(s) in Kerawalapitiya, Colombo in a time-bound manner. The LNG supply from PLL's Kochi LNG Terminal would be through LNG ISO tank containers involving a multi-modal transport system. The initial term of LNG supply is 5 years, extendable subject to mutual agreement.