GAIL to Stop LNG Imports at Dabhol
By Aiswarya Lakshmi
Monday, May 4, 2015
GAIL India is all set to stop LNG imports at the Dabhol terminal in Ratnagiri district of Maharashtra from this month as the onset of monsoon will make operations difficult without a breakwater, says a PTI report.
The terminal cannot be operated during monsoon in absence of a breakwater which is a massive wall built out into the sea to protect a ship from the force of waves.
The terminal will serve as a gateway for entry of natural gas to the southern and western parts of the country. The terminal is operated by RGPPL, a joint venture between GAIL and NTPC, as a major shareholder with the remaining equity being held by financial institutions.
GAIL received the last liquefied natural gas (LNG) shipment from Spain’s Gas Natural at Dabhol last week. The LNG cargo was bought at a price of around $7.50 per million British thermal unit.
GAIL is India’s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.