Page 156 - CW E-Magazine (8-4-2025)

Hydrocarbons

FEEDSTOCK SOURCING
GAIL to get 12 LNG cargoes per year from Qatar Energy
Equipments
Equipments
State gas utility GAIL (India) Ltd. Under this deal, Vitol will deliver Mr. Gupta said GAIL is looking at
will start receiving LNG under a fi ve- LNG from its global LNG portfolio medium and long-term LNG contracts
year 12 cargoes per year deal from to GAIL in India on a pan-India to cater to the increasing downstream
Qatar Energy Trading from April as basis. demand in India and supply natural gas
it augments sourcing to meet rising to various sectors. He did not disclose 4000 + +
4000
demand of the world’s fastest growing GAIL has also signed a long- pricing and commercial details of the
economy. term deal to purchase around 0.5-mn deal.
tonne a year of LNG from the UAE’s
“Purchases under the deal will start ADNOC Gas from 2026 onwards for 10 The company has an existing LNG
from April,” GAIL Chairman & Man- years across India. The deals will help portfolio of 14-mn tonnes per annum
aging Director Mr. Sandeep Kumar in meeting India’s rising energy needs which is well diversifi ed among vari-
Gupta said. and are in line with India’s ambition ous indexes. Till 2030, GAIL will
of enhancing the share of natural gas source additional 7-8-mn tonnes per
GAIL had in December last year in the energy basket to 15 percent by annum of LNG through long/mid-term
awarded a liquefi ed natural gas (LNG) 2030 from the current levels of around contracts (2.25-mn tonnes already
purchase tender for procuring 12 car- 6-7 percent. signed). It has two long-term agree-
goes per year starting in April 2025 for ments to buy a combined 5.8-mn tonnes
a tenure of fi ve years to Qatar Energy Other than GAIL, IOC has signed of LNG from the US on an FOB-basis
Trading. Besides the Qatar Energy binding heads of agreement deals and a 2.5-mn tonne supply contract
deal, GAIL has in recent months signed with Abu Dhabi National Oil Co. with Germany’s state-owned Securing
long-term LNG procurement deals with LNG and TotalEnergies. IOC’s deal Energy for Europe GmbH on a DES
suppliers. It has inked a long-term deal with ADNOC LNG is for 14 years for basis. GAIL’s long-term US contracts
with commodity trader Vitol Asia for 1.2-mn tonne a year and with Total- are linked to Henry Hub while its
around 1-mn tonne a year for a period Energies for 10 years for 800,000 tonnes contract with SEFE is linked to crude LIFTING BAG TYPE CENTRIFUGE
MACHINE WITH LIFTER
of about 10 years, commencing 2026. per year. oil prices.
LOW-CARBON AVIATION
Essar Energy Transition Fuels expands aviation

network in UK

Essar Energy Transition’s EET This latest achievement builds on
Fuels has announced the signing of previous successes, including supply
agreements to supply jet fuel to two agreements with Manchester, Birming-
additional major UK airports. This ham, London Stansted, Newcastle,
expansion elevates EET Fuels’ total Liverpool, Cardiff, and Leeds airports,
network to nine airports across the UK. bringing the company closer to its
vision of a comprehensive and resilient
Operating from the Stanlow Refi - UK aviation fuel network. This expan-
nery in Ellesmere Port, EET Fuels, the sion is in line with EET Fuels’ strategy
trading name for Essar Oil (UK), is one Fuels, said, “By expanding our supply to integrate across the value chain by +918169061250
of the UK’s largest producers of jet footprint to nine key airports, we are placing refi ned jet molecules produced
fuel, supplying around 16 percent of the not only enhancing fuel security and at its Stanlow refi nery directly into the
country’s road transport fuels and play- reliability for our airline partners but demand centres where these are con-
ing a pivotal role in the North West’s also reinforcing our role as a leader in sumed. It also aligns with EET’s broader
aviation industry. Mr. Deepak Mahesh- the UK’s journey towards a low-carbon ambitions to lead the UK’s energy ISO 9001:2015
wari, Chief Executive Offi cer at EET future.” transition.

156 Chemical Weekly April 8, 2025

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