GAC has handled the first tanker to berth at the newly constructed Liquefied Natural Gas (LNG) terminal in Kamarajar Port, Ennore, near the Indian city of Chennai. The Marshall Islands-flagged LNG carrier, LNG Golar Snow, was carrying the first consignment of 78,037m³ of LNG to enable the commissioning of the terminal.
Agency operations were overseen by Captain Srinivasan Sethumadhavan, General Manager of Shipping Services at GAC’s Chennai Office, who is optimistic about the opportunities that the new LNG terminal will generate.
“The opening of the first LNG terminal on the east coast of India is likely to change trade dynamics and drive industrial growth in this area,” he says. “Overall, the outlook for the Indian LNG market is promising.”
Currently, India imports around 45% of its total natural gas consumption. The government has invested heavily in the construction of LNG terminals and pipelines in a bid to transform the country into a gas-based economy. “This buoyant local market is expected to give rise to an increase in the number of tanker calls,” adds Sethumadhavan. “With our 26 offices serving all ports in India, GAC is ready to attend to the needs of LNG tankers.”