DAKSHIN BHARAT TALKS TO MOBIL/RASGAS

Vol 3, PW 15 (18 Aug 99) News in Brief
     

The Siemens-led Dakshin Bharat Consortium is close to signing a Heads Of Agreement (HOA) with Qatars RasGas for the supply of 2.5m t/y of LNG to Tamil Nadu.

Indian newspapers report that the HOA for supply to the LNG facility and associated 1,800 MW power plant at Ennore has already been signed but a source in the consortium tells this report talks are still on-going, but progressing well. In December last year, a consortium of Siemens, Unocal, Woodside and Grasim Industries won a tender for the LNG complex, promoted by the Tamil Industrial Development Corporation (TIDCO).

On Saturday (July 31st) Petronet-LNG signed a Sales Purchase Agreement (SPA) with RasGas for the supply of 5m t/y of LNG to Dahej in Gujarat and 2.5m t/y to Cochi in Kerala.

LNG Summit