Petronet is to receive more LNG from Australia’s Gorgon project
Petronet LNG making progress on India’s gas ambitions
The company is on track to boost import terminal capacity by 40% in three years, CEO Akshay Kumar Singh tells Petroleum Economist
India’s Petronet LNG, the country’s top gas importer, is on track to ramp up its terminal capacity by 40% by 2027, to 31.5mt/yr, as it extends its long-term offtake agreements, buys spot cargoes and hunts for new deals, its CEO said in an exclusive interview. Petronet is expanding the capacity of its biggest terminal by almost 30% and is boosting the utilisation of its second facility in the southwestern part of India, while building a 4mt/yr FSRU in the east, Akshay Kumar Singh told Petroleum Economist at the ADIPEC conference in Abu Dhabi. “The government of India’s stated policy is to increase gas volumes from 6% [at] present to 15% by 2030. This will translate into a threefold increase i
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