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Japanese shipping company Mitsui O.S.K. Lines (MOL) has revealed that a naming ceremony was held for the second liquified natural gas (LNG) carrier to serve GAIL (India), the largest natural gas supplier under India's Ministry of Petroleum and Natural Gas. ....
India’s deadly COVID-19 outbreak and widening localized lockdowns have soured the country’s economic growth outlook, stifled its natural gas demand and resulted in more LNG carriers being diverted by gas companies, an analysis by S&P Global Platts showed. On May 8, the southern Indian state of Tamil Nadu one of the country’s most industrialized . ....
Singapore India s deadly COVID-19 outbreak and widening localized lockdowns have soured the country s economic growth outlook, stifled its natural gas demand and resulted in more LNG carriers being diverted by gas companies, an analysis by S&P Global Platts showed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now On May 8, the southern Indian state of Tamil Nadu one of the country s most industrialized and among its largest by GDP imposed a two-week lockdown amid growing infections, joining several other states that have taken similar measures. Tamil Nadu is home to Indial Oil Corp. s Ennore LNG terminal with a capacity of around 5 million mt/year, and market participants expect the lockdown to hurt industrial and city gas demand similar to other gas consuming states like Gujarat and Maharashtra. ....
MOL Names New LNGC for India s Gail Feb 10, 2021 7:40:am Summary by: Shardul Sharma Posted in: MOL Names New LNGC for India s Gail Japanese shipping company Mitsui OSK Lines (MOL) on February 9 named an LNG carrier that will be chartered to India’s Gail, it said on February 10. The Gail Bhuwan vessel will carry LNG from the US to India. Gail has contracts for procuring LNG from the US under two long term sales and purchase agreements. The Indian state-owned company holds an LNG portfolio of about 14mn metric tons/year from various long and short-term contracts. The vessel has a 298-m length and a cargo tank capacity of 180,000 m ....
MOL names GAIL-chartered LNG newbuild February 10, 2021, by Sanja Pekic Japan’s shipping major Mitsui O.S.K. Lines (MOL) named an LNG carrier chartered to Gail, the Indian public sector natural gas company. Courtesy of MOL The new vessel is named Gail Bhuwan and is scheduled to be completed in February 2021. It will mainly transport LNG from North America to India. Gail Bhuwan has an overall length of 297.9 metres and a cargo tank capacity of 180,000 cubic metres. It was built by Daewoo Shipbuilding & Marine Engineering and is managed by MOL LNG Transport Asia. Gail, a state-owned company, procures LNG from the US under two long-term sales and purchase contracts signed with US energy majors. The company has an annual LNG purchase contract of approximately 14 million tons. ....