Shell stops spot LNG cargo imports

Image
Bloomberg Mumbai
Last Updated : Jan 29 2013 | 3:15 AM IST

Royal Dutch Shell stopped imports of liquefied natural gas at its terminal in Hazira in India after the country’s buyers switched to cheaper naphtha, according to ship-tracking data. Shell hasn’t imported any LNG cargoes in November and December, according to transmissions from ships captured by AISLive on Bloomberg.

It imported two cargoes from Oman and Equatorial Guinea in October on vessels Salalah LNG and Seri Bijaksana, respectively, the data showed. Shell India didn’t respond to an e-mail sent today. Hazira averaged about three cargos a month against two a month last year, Deepak Mukarji, a Shell spokesman, said by e-mail on October 16.

*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: Dec 13 2008 | 12:00 AM IST

Next Story