Hazira LNG terminal ready for 3.6m t/y

Vol 12, PW 9 (18 Sep 08) News in Brief
     

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.â€‌ De-bottlenecking will enable the Shell and Total terminal to receive more LNG.

“If it operates at full capacity,â€‌ reports a source, “Hazira will be able to receive 57 or 58 cargoes of LNG per annum.â€‌ 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,â€‌ adds a source, “sometimes at 70%, 80% or even 90% capacity.â€‌ 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.