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SCI and GAIL join hands for LNG shipping

Shipping Corporation of India (SCI) has penned a memorandum of understanding with GAIL (India) to transport LNG sourced by the natural gas company from US.

Lee Hong Liang, Asia Correspondent

June 10, 2013

1 Min Read
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SCI and GAIL will cooperate on transporting some 5.8m tonnes per annum of LNG sourced by GAIL from Sabine Pass and Cove Point terminals in US.

The transportation of LNG is expected to commence from mid-2017.

“With several LNG import projects being conceived in the country, LNG is seen as a key growth area for SCI. SCI is planning to develop separate vertical within the company to manage LNG shipping,” said Shri B.K. Mandal, chairman & managing director and director (finance).

SCI is the only Indian company having experience in LNG shipping. The company currently manages three LNG carriers on long term charter with Petronet LNG Limited.

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About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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