Panaji, Oct. 30 -- The Goa government has signed a Memorandum of Understanding (MoU) with Dubai- and India-based energy trading group ANVI to develop an LPG import and storage terminal worth Rs 5,000 crore at Mormugao Port, aimed at strengthening the state's LPG reserves and energy security.

The agreement was signed at the Vibrant Goa Global Business Summit 2026 on Friday in the presence of Chief Minister Pramod Sawant, according to a press release issued by ANVI.

The proposed facility will be Goa's first dedicated LPG import and storage terminal, reducing its dependence on supplies transported by road from neighbouring states.

"In March, Goa learned what fifteen days of stock means when the ships stop coming. This terminal makes sure ...