LNG & RLNG

By 2009-10, the Indian Gas Market is expected to be 66% bigger and its dependence on imported LNG is expected to increase from 22% to 38% of the total gas trade. India has plans to import about 25-27 MMTPA of LNG in the next 5-6 years. As a dominant player in the gas market, GAIL is poised to play a major role in LNG sourcing and creation of pipeline infrastructure to complete the chain of energy security that the Indian Government intends to pursue. Countries like Abu Dhabi, Oman, Yemen, Nigeria, Malaysia, Indonesia and Australia are important prospects that GAIL is currently exploring actively for LNG sourcing.

GAIL has co-promoted Petronet LNG Ltd (PLL), along with oil majors Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC) and Bharat Petroleum Coporation Limited (BPCL) for the import of LNG into India. PLL imports Natural Gas in the liquefied form (LNG) from Ras Laffan Liquefied Natural Gas Company Ltd, Qatar, regasifies the LNG at its terminals at Dahej (Gujarat) and sells the Reliquified Natural Gas (RLNG) to users. PLL has a capacity of 5 MMTPA (million tonnes per annum) RLNG. GAIL's exemplary credentials in gas transmission and marketing have led to its appointment, by the Government of India, as the sole transporter and principal marketer of RLNG produced by PLL. Currently, GAIL markets about 11 MMSCMD of RLNG from the Dahej terminal and transports about 18 MMSCMD.

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The Government of India has entrusted GAIL with the responsibility of reviving the LNG terminal at Dabhol in Maharashtra, as well as sourcing LNG for the terminal. GAIL has already signed a Sales Purchase Agreement for import of LNG from Iran for 2 MMTPA (40% of the LNG being imported by India from Iran).

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