Business Standard

India gets first LNG consignment from US


ANI Dabhol [Maharashtra] [India]
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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 30 2018 | 9:10 PM IST

Explore News