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

Mumbai issues global tender for 10 mn vaccines

Struggling with rationing and prioritising available supplies amid the acute Covid-19 vaccine shortage, the BrihanMumbai municipal corporation (BMC) has floated a global tender for supply of 1 crore doses, even as it has announced a walk-in vaccination campaign next week for select categories of citizens.

“Focus on percent of population vaccinated rather than numbers”

Expressing regret that despite being the largest producer of vaccines in the world things have fallen apart in India, Ashok Seth, a Padma Bhushan awardee and chairman of Fortis Escorts Heart Institute, has said that the focus needs to be on  percentage and not the number of population vaccinated. 

In Maharashtra, a wave of aid for the needy

In Maharashtra, the epicentre of India’s devastating second wave, several NGOs and civil society organisations have been at work to combat the pandemic – by spreading awareness about precautions, by helping the slum-dwellers book appointment for vaccine, by providing meals to the marginalised a

Daily recovery averages 3.28 lakh cases in 10 days

The cumulative number of Covid-19 vaccine doses administered in the country has crossed the landmark of 17 crore on Monday as the Phase 3 of the nationwide vaccination drive expands further. India is the fastest country to administer 17 crore Covid vaccine doses – China took 119 days and USA 115 days

“UP situation extremely bad, govt hiding data”

India is battling the second wave of Covid-19 and infections are spreading into the interiors of the country, says Dr Anurag Bhadouria, National Spokesperson, Samajwadi Party. It is precipitated by the elections in five states, the Kumbh Mela in Haridwar and also panchayat elections in many states, he says

CoWIN to have new security feature from Saturday

The CoWIN system, the overarching digital platform for citizens seeking appointment for the Covid-19 vaccine, is introducing a new four-digit security code” in the application from Saturday to minimise a peculiar error and subsequent inconvenience to citizens. “It has been notic

Visionary Talk with Dr. Ashok Seth, Padma Bhushan Awardee & Chairman, Fortis Escorts Heart Institute On Tackling Corona



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter