India’s Petronet in Kochi LNG milestone

India’s largest liquefied natural gas importer, Petronet LNG, has received the 100th cargo of LNG at its Kochi import terminal in southern Kerala state.

Petronet said in a brief statement via social media that the 2021-built 174,000-cbm Cool Racer, owned by Greece’s Thenamaris, delivered the milestone cargo on July 3.

The firm did not provide additional information.

Cool Racer’s AIS data provided by VesselsValue shows that the LNG carrier previously picked up the cargo at Chevron’s 15.5 mtpa Gorgon LNG facility in Western Australia.

Petronet has a long-term contract with ExxonMobil for about 1.42 mtpa per year of Gorgon LNG volumes.

Launched in 2013, Petronet’s Kochi LNG import plant has a capacity of 5 mtpa and two LNG storage tanks.

In the absence of required pipeline network to increase the terminal utilization, Petronet offers cool-down, reloading, and truck loading services.

PPAC data shows that the facility operated at just 19.4 percent utilization rate in April.

On the other side, Petronet’s 17.5 mtpa Dahej terminal operated at 87.5 percent capacity during April.

Besides these two LNG import plants, Petronet is working on a new FSRU-based import facility at the Gopalpur port in Odisha, as it looks to establish its presence on the eastern coast of the country.

Earlier this year, Petronas hinted that it could build its fourth LNG terminal as well.

Most Popular

Vopak moving forward with permitting process for Australian LNG import project

Dutch independent storage tank firm Vopak is moving forward with the permitting process for its planned FSRU-based LNG import facility in Australia’s Victoria state, according to CEO Dick Richelle.

Excelerate seals Bahamas LNG deal

US FSRU player Excelerate has signed an 11-year LNG supply agreement with AxDo, a joint venture between Axpo and Bahamas-based energy and maritime logistics company Domicisle LNG, supporting development of the Bahamas LNG hub.

Worley clinches EPC gig for Venture Global’s CP2 LNG expansion project

Australian engineering firm Worley has signed a reimbursable engineering, procurement, and construction (EPC) contract for Venture Global’s CP2 LNG expansion project in Louisiana.

More News Like This

India’s Petronet LNG logs higher profit, volumes

India’s largest LNG importer Petronet LNG, the operator of the Dahej and Kochi regasification terminals, reported higher quarterly profit and volumes.

Petronet LNG inks binding deal to create CBG JV

India’s largest liquefied natural gas importer, Petronet LNG, has signed a binding agreement to form a 50/50 joint venture with compatriot Gruner Renewable Energy to establish 10 compressed biogas (CBG) plants in India.

India’s LNG imports drop in September

India’s liquefied natural gas (LNG) imports decreased 8.5 percent in September from the same month last year, according to preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell.

Wood Mackenzie: South Asia LNG demand growth derailed due to Middle East conflict

South Asian LNG markets have absorbed one of the most severe supply shocks in the history of the global gas trade, as the war in the Middle East and the closure of the Strait of Hormuz cut off Qatari and UAE LNG flows to a region that had made itself critically dependent on them, according to a new report by UK-based Wood Mackenzie.