Deepak Fertilisers and Petrochemicals Corporation Ltd have entered a long-term agreement with Petronet LNG Ltd for regasification of Liquefied Natural Gas.
Per the agreement, Petronet LNG will regasify about 25 Trillion British Thermal Units of LNG annually for a period of five years, primarily at its Dahej terminal.
The regasified gas will be supplied to Deepak Fertilisers' manufacturing facilities at Taloja, Mumbai, for internal consumption, enabling a value chain from gas to final products like NPK fertilisers and industrial chemicals.
Deepak Fertilisers' last mile regasification contract positions the company uniquely to offer products like Ammonia and Nitric Acid, extending up to downstream final products.