India will receive its largest cargo of liquefied natural gas by ship next month as it takes delivery of a cargo from Qatar. The Q-Max vessel, the largest LNG carrier in the world with a capacity of about 260,000 cubic meters (about 5.5 billion cubic feet of gas), is expected to reach Dahej in western Gujarat state in the first week of December, Petronet LNG Chief Executive Officer Ashok Kumar Balyan said.
"India needs to build capabilities to receive bigger vessels," said Ashish Sethia, head of Asia-Pacific gas and power analysis at Bloomberg New Energy Finance. "This is a crucial infrastructure as it builds appetite for more and more LNG from distant markets." In April, Petronet signed a short-term contract with Qatar's Ras Laffan Liquefied Natural Gas Co. to import 800,000 tons of LNG (a little less than 40 billion cubic feet of natural gas) over 12 months to supply Indian Oil's refineries.
In a few more years, state-run GAIL (India) will start taking delivery of LNG from the Cheniere Energy liquefaction and export terminal under construction at Sabine Pass, La. GAIL has agreed to buy 3.5 million tons of LNG a year (about 170 bcf of gas a year) for two decades from the Cheniere terminal. The New Delhi-based company also has booked 2.3 million tons a year capacity at the Cove Point LNG liquefaction and export terminal at Lusby, Md. Those shipments are expected to start in 2017 or 2018.
Source: arcticgas.gov
"India needs to build capabilities to receive bigger vessels," said Ashish Sethia, head of Asia-Pacific gas and power analysis at Bloomberg New Energy Finance. "This is a crucial infrastructure as it builds appetite for more and more LNG from distant markets." In April, Petronet signed a short-term contract with Qatar's Ras Laffan Liquefied Natural Gas Co. to import 800,000 tons of LNG (a little less than 40 billion cubic feet of natural gas) over 12 months to supply Indian Oil's refineries.
In a few more years, state-run GAIL (India) will start taking delivery of LNG from the Cheniere Energy liquefaction and export terminal under construction at Sabine Pass, La. GAIL has agreed to buy 3.5 million tons of LNG a year (about 170 bcf of gas a year) for two decades from the Cheniere terminal. The New Delhi-based company also has booked 2.3 million tons a year capacity at the Cove Point LNG liquefaction and export terminal at Lusby, Md. Those shipments are expected to start in 2017 or 2018.
Source: arcticgas.gov
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