India's GAIL seeks LNG cargo for May delivery to Dhamra terminal
OIL & GAS

India's GAIL seeks LNG cargo for May delivery to Dhamra terminal

According to two industry sources, GAIL (India) has issued a swap tender offering one liquefied natural gas (LNG) cargo for loading in the United States in exchange for another cargo for delivery to India.

The cargo is being sought by India's largest gas distributor for delivery ex-ship (DES) at the Dhamra terminal between May 16 and 25.

According to the sources, it is offering the cargo for May loading from the Sabine Pass terminal, also on a DES basis, and the tender will close on April 13.

Adani Total, in which TotalEnergies has a 50% stake, has a 20-year take-or-pay contract with state-run Indian Oil Corp (IOC) to provide regasification services for 3 million tonnes of LNG per year at the Dhamra terminal. GAIL has a comparable agreement for 1.5 million tonnes per year.

The terminal received its first LNG cargo on April 1, according to Karan Adani, CEO of Adani Ports and Special Economic Zones, in a LinkedIn post. IOC issued a tender in March for the delivery of eight LNG cargoes to the Dhamra terminal between June 2023 and May 2024.

GAIL has 20-year deals to buy 5.8 million tonnes a year of US LNG split between Dominion Energy's Cove Point plant and Cheniere Energy's Sabine Pass site in Louisiana.

According to two industry sources, GAIL (India) has issued a swap tender offering one liquefied natural gas (LNG) cargo for loading in the United States in exchange for another cargo for delivery to India. The cargo is being sought by India's largest gas distributor for delivery ex-ship (DES) at the Dhamra terminal between May 16 and 25. According to the sources, it is offering the cargo for May loading from the Sabine Pass terminal, also on a DES basis, and the tender will close on April 13. Adani Total, in which TotalEnergies has a 50% stake, has a 20-year take-or-pay contract with state-run Indian Oil Corp (IOC) to provide regasification services for 3 million tonnes of LNG per year at the Dhamra terminal. GAIL has a comparable agreement for 1.5 million tonnes per year. The terminal received its first LNG cargo on April 1, according to Karan Adani, CEO of Adani Ports and Special Economic Zones, in a LinkedIn post. IOC issued a tender in March for the delivery of eight LNG cargoes to the Dhamra terminal between June 2023 and May 2024. GAIL has 20-year deals to buy 5.8 million tonnes a year of US LNG split between Dominion Energy's Cove Point plant and Cheniere Energy's Sabine Pass site in Louisiana.

Next Story
Real Estate

iWO(R)K

It is commonly believed that technology is the key differentiator between a smart and an ordinary workspace. While that is true on one level, it isn’t the whole truth. Conceptually, smartness as associated with an office has evolved from technological novelty to holistic sustainability, workplaces that not only perform but also inspire, explains Dikshu Kukreja, Managing Principal, CP Kukreja Architects. “A truly smart workplace is not simply a matter of embedding devices or automated systems; it is about creating an ecosystem that balances digital intelligence, ecological sensiti..

Next Story
Technology

Bentley’s AI-Driven Infrastructure Vision

Kaushik Chakraborty, Senior Vice President, Asia Pacific & Japan, Bentley Systems, shares with PRATAP PADODE, Editor-in-Chief, CW, how Bentley is reshaping infrastructure. Through AI, model-centric workflows and innovation, technology is helping deliver projects faster, greener and more efficiently across regions.How does Bentley’s global strategy ensure its solutions meet diverse infrastructure needs?Bentley’s technology is designed to scale globally. Projects large and small – from a hotel in Udevo to a 350-km highway in Australia – demonstrate that technology is no bar..

Next Story
Equipment

Handling the Bottom Line

In a highly competitive construction environment, efficient material handling is “the silent engine of profitability”, to quote Vaibhav Kulkarni, General Manager Projects, JP Infra Realty. “It’s not just about moving materials from A to B but developing a strategy to minimise touchpoints, reduce waste and maximise spends.”Planning stageBefore investing in material, Kulkarni recommends designing the material flow. “Map the journey of major materials from the delivery point to their final placement,” he recommends. While doing this, “minimise double-handling and identif..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?