Gas Authority of India (GAIL), plans to enter the small-scale LNG production market to cater for off-grid locations and the transportation and bunkering sectors with prospects of expansion while also seeking long-term LNG import agreements.
Qatargas has supplied a liquefied natural gas commissioning cargo for India’s newest receiving terminal at Mundra in the northwest of Gujarat state.
Indian liquefied natural gas imports rose by 9.75 percent last month and the costs of the shipments fell as the nation received cargoes from Qatar, West Africa and the United Sates, while its market was still hindered by a lack of infrastructure and open pricing.
Indian LNG imports jumped last month by over 17 percent, led by shipments from Qatar and Nigeria as volumes are also set to increase from the US to meet rising demand from regasification infrastructure being developed for the first time on the East Coast.