PETRONET LNG expects to take possession of its expanded LNG import terminal in Dahej from contractors next week, saying that the technical problems that arose during the commissioning have been solved.
The company had expected that the expanded terminal would be able to operate at its full capacity by May 2009, but technical problems forced it to reschedule several cargoes.
“Despite those issues, the EPC contractors are within their contractual time limit, which is some time next week,” said Petronet finance director Amitabh Sengupta.
Japan’s IHI Corporation was awarded a contract in 2006 to double capacity at the Dahej terminal to 10 million tonne. With the additional capacity becoming available, the company has scaled up volumes.
“We are already operating at a level of 30 million cubic meters a day,” explained Mr Sengupta. For the year ended March 2009, Petronet LNG regassified 6.4 million tonne of LNG, equivalent to around 25.6 million standard cubic metres per day (MMSCMD).
Petronet LNG imports 5 million tonne per annum of LNG from Qatar’s RasGas under a 25-year contract, which started in 2004. This will be scaled up to 7.5 MTPA from the fourth quarter of 2009. Taking spot cargoes into account, the company’s supply of natural gas is expected to touch 38 MMSCMD towards the end of FY10. However, there are still some problems in scaling up the gas supply.
“The demand for natural gas remains high in India. However, the constraints on pipeline capacity may limit how much we can supply,” said Mr Sengupta.
Petronet LNG is also setting up a 2.5 MTPA LNG import terminal at Kochi by end 2011.
The company had expected that the expanded terminal would be able to operate at its full capacity by May 2009, but technical problems forced it to reschedule several cargoes.
“Despite those issues, the EPC contractors are within their contractual time limit, which is some time next week,” said Petronet finance director Amitabh Sengupta.
Japan’s IHI Corporation was awarded a contract in 2006 to double capacity at the Dahej terminal to 10 million tonne. With the additional capacity becoming available, the company has scaled up volumes.
“We are already operating at a level of 30 million cubic meters a day,” explained Mr Sengupta. For the year ended March 2009, Petronet LNG regassified 6.4 million tonne of LNG, equivalent to around 25.6 million standard cubic metres per day (MMSCMD).
Petronet LNG imports 5 million tonne per annum of LNG from Qatar’s RasGas under a 25-year contract, which started in 2004. This will be scaled up to 7.5 MTPA from the fourth quarter of 2009. Taking spot cargoes into account, the company’s supply of natural gas is expected to touch 38 MMSCMD towards the end of FY10. However, there are still some problems in scaling up the gas supply.
“The demand for natural gas remains high in India. However, the constraints on pipeline capacity may limit how much we can supply,” said Mr Sengupta.
Petronet LNG is also setting up a 2.5 MTPA LNG import terminal at Kochi by end 2011.
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