Only three companies want LNG slots at Dabhol

Vol 18, PW 9 (18 Dec 14) News in Brief

Only three companies have responded to GAIL's notice inviting EoIs to book regasification slots at the 5m t/y Dabhol LNG terminal in Maharashtra.

One is a trader and two are end-users. According to an industry source, one of the end-users is IndianOil, but this could not be independently verified.

“The second end-user is in the power sector,” we hear. “And the trader who submitted an EoI is an Indian company.

” When contacted GAIL brushed aside the meagre response and said it would not extend the deadline date for EoIs. GAIL has set a target to receive 21 cargoes at Dabhol in 2015.

“Of the 21 we will take 15 cargoes,” says GAIL. “Six slots are available to other companies.

” Dabhol has a nameplate capacity of 5m t/y which means it should receive 80 cargoes/year but with no breakwater it operates only seven months a year and can take only 21 cargoes. GAIL is expected to charge the same regasification charges as Petronet-LNG at Dahej: $0.63-0.64/mmbtu.

LNG Summit