Hazira LNG terminal ready for 3.6m t/y
Shell and Total are close to â€کde-bottlenecking’ their LNG terminal at Hazira so that its capacity increases from 2.5m t/y to 3.6m t/y.
PETROWATCH learns Shell (74%) and Total (26%) hope â€کde-bottlenecking’ will be complete in the first week of October or, at the latest, “before the end of this year.†De-bottlenecking will enable the Shell and Total terminal to receive more LNG.
“If it operates at full capacity,†reports a source, “Hazira will be able to receive 57 or 58 cargoes of LNG per annum.†LNG tankers docking at Hazira typically carry between 135,000 and 140,000 cubic metres of gas.
“Over the past 12 months Hazira has been operating at a high capacity,†adds a source, “sometimes at 70%, 80% or even 90% capacity.†Since January 1 this year, Hazira has received a total 26 LNG cargoes - the last on September 10.
Shell believes LNG prices will weaken around 2013 when delayed LNG production trains in Nigeria, Sakhalin, Yemen and Qatar begin to come on stream.