Shell India has imported its largest ever LNG cargo, having a capacity of 1,45,000 cubic metres, from Oman. The LNG cargo, which landed at Hazira on July 4, is the third cargo that Shell imported from Oman and its fourth this year.
Marc den Hartog, director, gas and power, Shell India, confirmed the arrival of the fourth cargo at the Hazira LNG receiving and regasification terminal.
Hartog said the size of cargo normally depends upon the size of the vessel available for voyage.
Shell India also imported a cargo from Abu Dhabi to cater to the increasing demand for gas in the domestic market, he added.
Speaking about the consumers of the fourth cargo, Hartog said the list includes NTPC, which floated a tender last week for LNG import, and GSPC, which will be supplying to a number of local buyers in Gujarat. "Essar is also a likely buyer," he added.
Although Hartog did not divulge the price of the spot LNG cargo from Oman, industry sources said Shell imported LNG at $8 per mmBtu (million metric British thermal unit), ex-ship Oman. When delivered, the latest cargo will cost $9.07 per mmBtu to the end consumer.
Hartog said the supply is the function of demand in the LNG market. He said it would be difficult for anyone to say how many cargoes would be required to meet the natural gas demand in the country.
However, for Shell, Hartog said once the Hazira terminal is connected with national gas grid of GAIL through the pipeline connecting Dahej-Uran pipeline of GAIL, Shell would be in a position to import and supply more LNG to India.
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