India’s first liquefied natural gas cargo from the United States landed at the Dabhol regasification terminal in Maharashtra. Petroleum Minister Dharmendra Pradhan received the first-ever shipment of 1.2 lakh tonne LNG under the long-term contract of 20 years. Speaking on the occasion, Mr. Pradhan describing the arrival of the first shipment and the conclusion of the long-term contract with the US-based Cheniere Inc as a new beginning in the Indo-US energy partnership and trade.
The LNG supplies will help achieve the vision of moving towards a gas-based economy. He also announced a 700-crore rupees investment by the newly-created Gail arm Konkan LNG to complete an under-construction breakwater facility, that on completion will make the terminal an all-weather facility. Gail will be getting 22-24 shipments per annum till the breakwater is built. Once that is done we will be handling 80-90 ships a year.