Trafigura reloads one more cargo from Kochi

Vol 19, PW 3 (08 Oct 15) Midstream & Downstream

Petronet-LNG should try harder to promote the storage and reload facilities at its struggling Kochi LNG terminal.

So far only Dutch trader Trafigura is taking full advantage of this facility and on October 4 at 10.08am berthed LNG tanker Golar Ice at Kochi to begin re-loading its third cargo - destined for Egypt. Golar Ice, a Samsung-built 160,000 cubic metre tanker, was loaded with 52,124.76 tonnes of LNG and set sail from Kochi at 4.30pm on October 7.

A Petronet-LNG source says Trafigura was earlier planning to send the cargo to Jordan but at the last minute sent it to Ain Sokha port, Egypt where state run EGAS has berthed two FSRUs. The second FSRU came in from Norway’s BW Group on October 1.

Trafigura earlier brought in a 123,881-cubic metre cargo for storage at Kochi on September 18 from Indonesia’s Bontang Selatan liquefaction facility through Marubeni affiliate Diamond Gas International. Trafigura’s second reload from Kochi went to Kuwait’s Mina Al Ahmadi port on March 18 this year, after it sent out the first reload on January 31 to South Korea’s KOGAS.

The first six months of the 2015-16 fiscal saw 16,769,751 cubic metres of LNG imported into India including term and spot cargoes. Of this, 7,723,347 cubic metres arrived in April, May and June while and 9,046,404 cubic metres arrived in July and August.