GSPC gets second cargo of LNG from Qatar to meet gas shortage

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Sep 2009

In a bid to meet the shortfall of gas supply to industries in Gujarat, state-run Gujarat State Petroleum Corporation (GSPC) has sourced its second cargo of LNG from Qatar, a top company official said.
The second LNG cargo arrived on Dussehra at Petronet LNG Limited&aposs RLNG receiving and regassification terminal at Dahej, a company statement said.
The 65,000 MT of LNG imported through this second cargo is slated to be distributed from firms into gas distribution including Gujarat Gas and Sabarmati Gas, besides Adani Gas, sources in GSPC said.
" This is yet another step taken by GSPC towards building on its LNG trading business and achieving its ambition to develop its own LNG terminal,"said GSPC Managing Director D J Pandian, in a statement.
GSPC has sourced this second cargo from Qatar being delivered on the Ship LUSAIL. It purchased its first LNG cargo delivered by North West Shelf (NWS), Australia through a competitive bid process.
Going forward, the company has projected to import one cargo of LNG every month, Pandian said. The gas shall be sold to meet the burgeoning demand from various industrial and power sectors, across the state, the company statement said.
The 1,420 kms pipeline network of Gujarat State Petronet Ltd shall ensure that the gas reaches to industry, it added.

Source: PTI