India's GAIL to run Dabhol LNG terminal during monsoons, plans expansion
Indian gas transporter GAIL (India) will operate its 5-metric MMtpy liquefied natural gas (LNG) import terminal in western India during the monsoon season for the first time, after completing a breakwater facility, Chairman Sandeep Kumar Gupta said.
The company typically shuts the Ratnagiri terminal — popularly known as the Dabhol LNG plant — for four months from May 25 each year to avoid high tides. The new breakwater will now enable ship arrivals during the monsoon.
"Our breakwater has been completed. We have applied for an all-weather terminal status with the authorities and hope to get authorization in a week's time. So, we will schedule LNG cargoes accordingly," Gupta said at a press conference.
Separately, GAIL's head of business development Rajeev Kumar Singhal said the company plans to expand Dabhol's capacity to 6.3 metric MMtpy by mid-2027, and to 12.5 metric MMtpy by 2031–2032.
He added that GAIL has received five bids in a tender to acquire a stake in a U.S. LNG project, alongside a long-term LNG supply agreement.
Indian companies are increasingly seeking U.S. LNG linked to Henry Hub prices to reduce exposure to oil-indexed contracts, which dominate their current portfolios.
Gupta said Henry Hub-linked LNG prices are expected to average $3.5 per MMBtus–$4 per MMBtus, making purchases affordable on a free-on-board basis for Indian customers.
Related News
Related News
- U.S. ethane exports to China hit new roadblock with license requirement
- Australia clears Woodside to run North West Shelf LNG plant to 2070
- Egypt agrees to buy up to 160 LNG cargoes through 2026
- Shell to add up to 12 MMt of additional LNG capacity by 2030
- Siemens and TURN2X join forces to scale up green energy production
Comments