Petronet LNG Limited, one of the fastest growing world-class companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 10 MMTPA [equivalent to 40 MMSCMD of natural gas], the Kochi terminal has a capacity of 5 MMTPA [equivalent to 20 MMSCMD of natural gas]. The company is in the process to build a third terminal at Gangavaram, Andhra Pradesh.
The Company has set up South East Asia's first LNG Receiving and Regasification Terminal with an original nameplate capacity of 5 MMTPA at Dahej, Gujarat. The infrastructure was developed in the shortest possible time and at a benchmark cost. The capacity of the terminal has been expanded to 10 MMTPA and the same has been commissioned in June, 2009. The expansion involved construction of 2 additional LNG storage tanks and other vaporization facilities. The terminal is meeting around 20% of the total gas demand of the country.
LNG SOURCES
Sourcing of LNGThe company has already tied up 7.5 MMTPA of LNG with Ras Laffan Liquefied Natural Gas Co. Ltd. (RasGas), Qatar on a long term basis. Three LNG tankers, SS Disha, SS Raahi & Aseem have been time chartered by the company from a consortium led by Mitsui OSK Lines for bringing LNG to Dahej. Shipping Corporation of India is currently operating and maintaining first two LNG ships. The third ship MT Aseem has commenced supply of additional volume of LNG Cargo from RasGas, Qatar to Dahej LNG Terminal since first week of January, 2010.
To bridge the natural gas demand-supply gap in the country, Petronet LNG Limited imports LNG from various parts of globe on long term & short/ spot term basis.
