The LNG terminal has been constructed and commissioned in August, 2013 at a cost of Rs.4,200 crores.

[1][2][3] The terminal has been developed by Petronet LNG having the capacity to store and distribute 5-million tonnes per annum.

The present customers are Fertilisers and Chemicals Travancore (FACT), BPCL (Bharat Petroleum Corporation Limited) and Nitta Gelatin India Ltd.

[1][4][5] Petronet LNG gets the supply of 14.4 lakh tons of LNG per year for the Kochi terminal from the Gorgon project in Australia for a 20-year period as per the deal signed in August 2009.

[5][6] The terminal is located in Puthuvype, around 12 km (7.5 mi) from the city centre.