Excelerate LNG cargo coming to Dahej for GAIL

Vol 17, PW 18 (24 Apr 14) News in Brief

GAIL is bringing in its second Spanish ‘re-load’ cargo at Dahej on April 28 aboard Norwegian-flagged LNG tanker WilPride.

Sourced from Spain's 10m t/y Huelva terminal, this cargo was bought by Excelerate as a FOB cargo but sold to GAIL on a DES basis. “It was meant for Dabhol but now it's coming to Dahej,” we hear.

Separately, Catalunya Spirit is bringing a Nigerian cargo for GAIL on either April 27 or 28 at Dabhol. For more on LNG cargoes at Dahej, Hazira and Dabhol write to info@petrowatch.com for details of our real-time India LNG Alert service.

Our last alert on April 17 reported the arrival of Marshall Islands-flagged Umm Al Amad at Dahej with 136,207-cubic metres of LNG from RasGas sourced by Shell International Trading Middle East (SITME) for GSPC at $15.20/mmbtu to $15.70/mmbtu. From the period of March 1 to March 31, India imported 1,658,012-cubic metres of spot, medium and short-term LNG at an average price of $17.25/mmbtu.

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