GAIL delays LNG carrier tender again

GAIL delays LNG carrier tender again

India’s GAIL has again postponed the tender seeking to hire nine LNG carriers to carry U.S. liquefied natural gas starting in 2017. 

According to the tender documents GAIL has set the new date for bid submissions to March 31, 2016.

Indian company re-floated its tender in September 2015, but has since delayed the bid submissions date twice. It was last expected to close on February 29.

No changes were made to the initial tender as GAIL is still looking for nine LNG ships of a cargo capacity of 150,000-180,000 cbm, enabling it to comply with its off-take commitments at Sabine Pass and Cove Point LNG projects from December 2017.

According to the report by Press Trust of India, GAIL’s chairman and managing director B C Tripathi noted the latest postponement is due to a request by bidders that are looking for more time to complete their bids.

Under the original tender, nine vessels, three of which have to be built by shipyards in India, will have a delivery window from January 1, 2019, to May 31, 2019, for foreign shipyards and July 1, 2022, and ending June 30, 2023, for Indian shipyards.

Indian shipyards, Pipavav Defence and Offshore Engineering and Cochin Shipyard have already agreed deals with South Korea’s DSME and Samsung Heavy Industries, respectively, to cooperate in the construction of the vessels.

Cochin Shipyard has additionally acquired a licence by France’s GTT to build LNG carriers with the Mark III membrane containment system.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >