RasGas Delivers First Cargo to Kochi LNG Terminal in India

RasGas Company Limited (RasGas) delivered its first cargo aboard the LNG tanker Fuwairit to the Kochi LNG Receiving Terminal in India on 15 November 2013. This was the second cargo supplied by RasGas for Kochi, the first commissioning cargo was also loaded at Ras Laffan and transported to Kochi by Petronet in August this year.

Kochi LNG Terminal is located in Puthuvypeen, Kochi, India and is the second LNG receiving terminal operated by Petronet LNG Limited (Petronet), the largest single importer of LNG to India.

Hamad Rashid Al Mohannadi, RasGas CEO mentioned, “This successful delivery is a reflection of RasGas’ commitment to our long-term customer, Petronet. The supply to the Kochi LNG terminal is an indication of the strength of our relationship and the importance we place on India as a strategic LNG market. It is also a demonstration of RasGas’ capability to reliably supply LNG around the world.”

Speaking on the occasion, Dr. A.K. Balyan, Managing Director and CEO of Petronet said, “We are proud of our relationship with RasGas. This LNG terminal is a gateway for receiving LNG to serve the huge markets and businesses in southern India. The quick implementation of gas pipelines by Gas Authority of India Limited (GAIL) will help receipt of gas to various consuming sectors“.

RasGas entered into a 25 year 7.5 MTA Sale and Purchase Agreement with Petronet and has been supplying the Indian market since 2004, making RasGas the largest and only existing long-term LNG supplier in the country.

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RasGas, December 23, 2013