Petronet LNG Limited has executed binding Transaction Documents viz. (a) Sub-Concession Agreement (b) Sub-Lease deed and (c) Port Service Agreement with M/s Goplapur Ports Limited on 27.12.2023 for setting up of Floating Storage Regasification Unit (FSRU) based LNG terminal with capacity of 4 MMTPA (Phase-1), with provision for converting to 5 MMTPA land-based terminal at Gopalpur Port, District - Ganjam, Odisha. PLL is in process of setting up its maiden LNG terminal on the east coast of India at Gopalpur, District- Ganjam, Odisha which would bring augmentation in overall regasification capacity in the country thereby contributing towards gas-based economy.