India: GAIL Plans to Import More Than 16 LNG Cargoes

GAIL Plans to Import More Than 16 LNG Cargoes

Gail India, the nation’s biggest natural gas distributor, plans to import more than sixteen spot cargoes of LNG in 2012/13, Economic Times reported, citing Prabhat Kumar, the company’s director of marketing.

Dabhol will be commissioned later this month. We have tied up a spot cargo with Excelerate for commissioning,” he said.

With Dabhol coming up we will be sourcing more than 16 spot LNG cargoes in the next fiscal (2012/13),” he added.

The Dabhol LNG terminal will have a capacity of 5 million tonnes per annum and it will be operated by Ratnagiri Gas and Power, a joint venture formed by NTPC  and GAIL .

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LNG World News Staff, March 12, 2012; Image: GAIL