GSPCL's eighth LNG cargo arrives at Hazira

Image
BS Reporter Mumbai/ Ahmedabad
Last Updated : Jan 20 2013 | 1:11 AM IST

Gujarat State Petroleum Corporation Limited (GSPCL) has imported its fourth LNG cargo under the short term supply contract with Spanish company Gas Natural. This is GSPCL’s eighth spot LNG cargo sourced independently through the open market.

Loaded from Trinidad and Tobago, LNG carrier-Castillo de Villalba- containing over 53,000 metric tonnes of LNG reached at Hazira LNG Private Ltd’s LNG receiving and regassification terminal on August 27, 2010.

“Gas from the said cargo shall be supplied to the City Gas Distribution (CGD) companies, various power companies and industrial customers,” the company said in a statement.

Further, GSPC plans to import a couple of additional spot cargoes from the international market in view of the shortfall arisen due to ongoing Force Majeure in Panna-Mukta fields since July 20, 2010, which has affected various entities in the power, CGD as well as the fertiliser sectors. Thus, import of LNG shall relieve the said entities that are affected by such outage.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 31 2010 | 12:07 AM IST

Next Story