Indian liquefied natural gas imports increased by almost 12 percent last month and were on track for record fiscal-year and calendar-year totals as shipments increased due to rising demand, backed by higher terminal capacity use and a steady infrastructure build-out.
Indian liquefied natural gas imports fell last month by just over 9 percent with cargoes arriving at a slower pace from suppliers in Qatar, West Africa, Australia and the US as the nation also received its commissioning cargo in late February for the first import terminal on the East Coast.
Chart Industries, the US LNG equipment-maker for production, storage and distribution, and Indian Oil Corp, owner of the first import terminal to start up on the Indian East Coast, have signed an accord to promote the development of the LNG market in the Asian nation.
Indian liquefied natural gas imports fell last month by 11.6 percent with cargoes arriving at a slower pace from the main suppliers in Qatar and West Africa as the nation prepared to start commissioning the first import terminal on the East Coast.
Indian Oil Corp., the refining and fuel marketing company, is set to begin commissioning of the first liquefied natural import terminal on the East Coast of India near the city of Chennai.
Jan 23 (LNGJ) - Indian Oil Corp. is starting the commissioning process for the first East Coast LNG import terminal at Kamarajar Port near Chennai. India's four operating import terminals are all on the West Coast at Hazira, Dahej and Dabhol near Mumbai and at Kochi in the southwest state of Kerala. The terminal at Kamarajar Port, formerly one of India’s main coal ports and previously called Ennore, will handle around 5 million tonnes per annum of imports for Indian Oil, a state-backed refiner and fuel distribution company that is also a shareholder in Petronet LNG. The Kamarajar LNG project is located about 25 kilometres from Chennai Port and initially the imports will supply natural gas to industry in the Manali area, including Madras Fertilizers Ltd., Chennai Petroleum Corp. and Tamil Nadu Petroproducts.
Indian Prime Minister Narendra Modi inaugurated the Mundra liquefied natural gas import terminal, the third sited in Gujarat state and the fifth on the West Coast of India, while no facilities currently operate on the East Coast.
The energy company owned by the Indian West Coast state of Gujarat that includes the city of Mumbai said it would bring its Mundra LNG import terminal on line by September 2018 while it awaits the signing up of a strategic partner.