The MoU was signed on October 30 during the Vibrant Goa Global Business Summit 2026 in the presence of Goa Chief Minister Pramod Sawant.    The proposed project will comprise a dedicated LPG berth at Mormugao Port, a shore-based storage terminal and an underground pipeline corridor connecting the two facilities. It will also include a Goa Institute of LPG and LNG Technology to develop skilled manpower for the gas industry.    The project aims to strengthen LPG supply security in Goa and reduce the state’s dependence on road transportation. Goa currently consumes approximately 80,000–100,000 tonnes of LPG annually, with its entire requirement transported by road, primarily from Mangalore.     Under Phase 1, the project will include refrigerated LPG storage capacity of approximately 65,000 tonnes, equivalent to eight to nine months of Goa’s annual consumption. A dedicated state reserve of at least 30 days’ demand, estimated at around 7,500 tonnes, will also be maintained at the facility.     The reserve will remain within Goa and can be released only on the instructions of the state government. During a declared emergency, local consumers will receive priority over onward transportation and export shipments.     At full development, the terminal is expected to handle up to three million tonnes of LPG annually, supported by a total storage capacity of approximately 258,000 cubic metres. This will include 230,000 cubic metres of refrigerated storage and 28,000 cubic metres of pressurised storage.      The proposed deep-water terminal is expected to emerge as an additional LPG import gateway on India’s west coast, strategically positioned between Mumbai and Mangalore. It is intended to diversify the country’s LPG import infrastructure and reduce supply-side risks associated with concentration at a limited number of import locations.     ANVI Global is also developing a supply corridor connecting the US Gulf Coast with India, potentially enabling direct LPG imports from the US and other Atlantic Basin markets into Goa.     The company plans to make the terminal available to oil marketing companies as an additional location for holding LPG stocks, particularly to serve markets in Goa, Karnataka and Maharashtra. It will also seek to have part of the facility’s capacity included in India’s strategic LPG reserve programme.     Around 50% of the terminal’s planned throughput is expected to move through coastal tankers, reducing dependence on road transportation. The initial supply focus will be Goa, followed by north Karnataka and south Maharashtra. The facility is also expected to serve other Indian ports through coastal shipping and international markets, including Sri Lanka, the Maldives and East Africa.     The terminal will incorporate full-containment refrigerated tanks and mounded pressurised vessels. The proposed safety infrastructure will also include a buried and continuously monitored pipeline corridor, dedicated routes for GPS-tracked road tankers and transportation by certified drivers.    A joint working group comprising the Goa Department of Industries, Goa Investment Promotion and Facilitation Board, Goa Industrial Development Corporation (Goa IDC), Mormugao Port Authority and ANVI Global will oversee the next stage of project development.     Construction of Phase 1 is expected to take 30–36 months after securing the necessary approvals and completing consultations. Phase 2, involving additional storage capacity, will be developed based on the initial phase’s throughput and offtake contracts.     The project is expected to generate lease revenue for Goa IDC, port revenue for Mormugao Port Authority and tax receipts from terminal operations and associated trade.     ANVI Global has also reserved space at the project site for a small-scale LNG facility, subject to separate regulatory approvals.    

Once developed, the project is expected to strengthen Goa’s energy supply resilience while creating additional LPG handling, storage and distribution capacity for India’s west coast.