First LNG cargo under long term contract wtih Russia arrives in Dahej, Gujarat

GAIL becomes the first Indian public-sector company to source LNG on a long term from Russia.

GN Bureau | June 7, 2018


#Russia   #Gujarat   #GAIL   #PSU  

 

The first LNG cargo, carrying 3.4 TBTU of liquefied natural gas (LNG), under the long term contract between GAIL and Gazprom Marketing & Trading Singapore of Russia recently arrived at LNG terminal of Petronet LNG Ltd, today in Dahej, Gujarat.

Dharmendra Pradhan, Minister for petroleum and natural gas & Minister of skill development and entrepreneurship, said the commencement of LNG imports from Russia has added a new dimension to the Indo-Russian bilateral relations, particularly in the oil and gas sector. He said Prime Minister Modi and President Putin have especially emphasized on energy cooperation between the two countries, which has taken shape of an energy bridge. Today’s arrival of the first LNG cargo from Russia is an example of this growing strategic partnership.

Russia has emerged as a long-term source for India’s hydrocarbon imports. Pradhan said that LNG imports from Russia will go a long way in mitigating the risks arising out of geo-political uncertainties. He mentioned that the government is committed towards transforming India into a gas-based economy. To realize this aspiration, investments are being made for augmenting natural gas infrastructure, including pipelines, LNG import terminals and City Gas Distribution networks.

GAIL has contracted to import 2.5 MMTPA of LNG from Gazprom Marketing and Trading Singapore’s on a long term basis.

 

 

Comments

 

Other News

Gandhian movement after Gandhi failed: Ram Guha

The Gandhian movement in India, after Gandhi’s death, failed, says Ramachandra Guha, and blames Vinoba Bhave for it. But the movement found new, fertile grounds around the world and succeeded in bringing about a change in South Africa, the US and elsewhere. It is high time it returned home. Of cour

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

When police data becomes the algorithm

For decades, policing has followed a familiar sequence: a crime occurs, the police respond, an investigation produces records and those records become part of the institutional memory of the criminal justice system. Artificial intelligence is beginning to alter that sequence. Instead of merely recording

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter