RasGas’ recent delivery of a liquefied natural gas cargo to India’s Petronet at its new LNG Terminal located in Kochi in the southern state of Kerala is an indication of the strong relationship between Qatar and India, said RasGas CEO Hamad Rashid al-Mohannadi.
RasGas last month delivered the cargo aboard the LNG tanker ‘Fuwairit’ to the Kochi LNG Receiving Terminal. This was the second cargo supplied by RasGas for Kochi, the first commissioning cargo was also loaded at Ras Laffan and transported to Kochi by Petronet in August this year.
The Kochi Terminal is the second LNG receiving terminal operated by Petronet LNG, the largest single importer of LNG to India.
Al-Mohannadi said, “This successful delivery is a reflection of RasGas’ commitment to our long-term customer, Petronet. The supply to the Kochi LNG terminal is an indication of the strength of our relationship and the importance we place on India as a strategic LNG market. It is also a demonstration of RasGas’ capability to reliably supply LNG around the world.”
Petronet managing director and CEO AK Balyan said, “We are proud of our relationship with RasGas. This LNG terminal is a gateway for receiving LNG to serve the huge markets and businesses in southern India. The quick implementation of gas pipelines by Gas Authority of India Limited (GAIL) will help receipt of gas to various consuming sectors”.
RasGas entered into a 25 year 7.5 MTA sale and purchase agreement with Petronet and has been supplying the Indian market since 2004, making RasGas the largest and only existing long-term LNG supplier in the country.
