Qatargas has supplied a commissioning liquefied natural gas (LNG) cargo for India’s newest LNG receiving terminal – Mundra, located on the west coast of India.
The cargo was loaded in Ras Laffan on January 17 on the Q-Flex LNG vessel, Murwab, with an overall cargo carrying capacity of 216,000 cubic metres. It arrived at Mundra terminal on January 22.
Mundra is the second LNG terminal that Qatargas helped commission in India within the past year. It followed an earlier commissioning cargo, which was delivered by the company to the Ennore LNG receiving terminal, near the southern Indian city of Chennai, in February 2019.
The Mundra terminal is located in Adani Ports and Special Economic zone in Kutch district of the western Indian state of Gujarat.
The terminal’s nominal capacity is 5mn tonnes of LNG per year (mtpy), and it can receive vessels with a capacity between 75,000 cubic metres and 260,000 cubic metres. The terminal comprises of two storage tanks – each with an overall capacity of 160,000 cubic metres.
Qatargas has established a strong partnership with India since July 1999 when it started supplying LNG to Petronet. Since then it has delivered more than 2,000 cargoes under its various long-term sales and purchase agreements as well as supplying significant volumes into the short term and spot markets.
India is a key market for Qatargas given its geographical proximity and growth potential. Upcoming developments such as new terminals and other gas related infrastructure will increase India’s capacity to import LNG from 30mn tpy to 44mn tpy, a 46% increase as India continues to make strides in achieving its ambitious target of 15% gas in the energy mix.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Bond rally poses dilemma for Africa issuers facing debt wall
Bain Capital plans second-round bid for Virgin Australia
China exporters look inwards as virus hits overseas markets
Dow Jones showing its age getting crushed in recovery trade
Santander and BBVA investors question lagging US businesses
Companies worth $2tn are calling for a green recovery
After Ghosn and coronavirus, Renault, Nissan weigh future
Large corporates urged to offer concessions to SMEs to support economy
Robust digital ecosystem seen in Qatar after Covid-19 crisis