RasGas’ Liquefied Natural Gas tanker ‘Fuwairit’ berthed at the Kochi LNG Receiving Terminal in India.
DOHA: RasGas successfully delivered its first cargo aboard the Liquefied Natural Gas (LNG) tanker ‘Fuwairit’ to the Kochi LNG Receiving Terminal in India on November 15.
This was the second cargo supplied by RasGas for Kochi, the first commissioning cargo, also loaded at Ras Laffan, was transported to Kochi by Petronet, the largest single importer of LNG to India, in August this year, a press statement said yesterday.
Petronet was formed by the government of India to set up LNG terminals to import gas in the country. It is a joint venture company promoted by the Gas Authority of India Limited (GAIL), Oil and Natural Gas Corporation Limited (ONGC) and other state-backed oil companies.
Kochi LNG Terminal is located in Puthuvypeen, in the southern Indian state of Kerala. It is the second terminal operated by Petronet, with the capacity to receive 5 million tonnes of LNG per annum. It set up its first LNG terminal at Dahej in Gujarat with the capacity of 10 million metric tonnes per year.
Hamad Rashid Al Mohannadi, CEO of RasGas said: “This successful delivery is a reflection of RasGas’ commitment to our long-term customer, Petronet. The supply to the Kochi LNG terminal is an indication of the strength of our relationship and the importance we place on India as a strategic LNG market. It is also a demonstration of RasGas’ capability to reliably supply LNG around the world.”
Speaking on the occasion, Dr A K Balyan, Managing Director and CEO of Petronet said: “We are proud of our relationship with RasGas. This LNG terminal is a gateway for receiving LNG to serve the huge markets and businesses in southern India. The quick implementation of gas pipelines by Gas Authority of India Limited (GAIL) will help receipt of gas to various consuming sectors.”
RasGas entered into a 25 year 7.5 MTA Sale and Purchase Agreement with Petronet and has been supplying the Indian market since 2004, making RasGas the largest and only existing long-term LNG supplier in the country. The Peninsula