India on Friday received the first consignment of Liquefied Natural Gas (LNG) from the United States at Dabhol terminal in Maharashtra.
The first long-term cargo from the US through a GAIL chartered vessel was received by Union Minister for Petroleum and Natural Gas Dharmendra Pradhan along with US Minister Counselor for Commercial Affairs Patrick Santillo and Consul General to Kolkata Craig Hall.
GAIL's first charter hired vessel -- MV Meridian Spirit -- arrived after 26 days voyage and docked for unloading at Dhabol terminal.
The commencement of LNG supplies under the Henry Hub-indexed contracts is significant for GAIL (India) Limited and marks a new beginning in the Indo-USA energy and trade partnership.
According to Pradhan, the Dhabol project, which will be expanded in the coming days, will help supply LNG to Maharashtra, Gujarat, Karnataka and many other states of this belt.
The project plays an important role in the development of India as a gas-based economy, the minister said.
He said the long-term project is an important step towards bringing clean and renewable fuel in the Indian market.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
