Report: Petronet LNG looking to buy two cargoes

Report: Petronet LNG looking to buy two cargoes

India’s largest LNG importer Petronet has reportedly issued a tender seeking two cargoes of liquefied natural gas. 

Reuters reports, citing trade sources, that the two cargoes are scheduled for delivery in August and September.

Earlier in February, the company informed that the offtake of regasified LNG under the long-term contract with off takers from January 2016 onward has increased to the contracted volume of 8.5 mtpa.

Petronet LNG in December also revised the price of the 7.5 mtpa supply contract with RasGas of Qatar.

Additionally, Petronet LNG expects the expansion of its Dahej LNG terminal from 10 mtpa to 15 mtpa to be completed by the end of this year.

 

LNG World News Staff

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