The Hindu Business Line : RasGas in talks to hike gas supply to Petronet

QATAR'S Ras Laffan Liquefied Natural Gas Company (RasGas), which has signed a contract to supply 7.5 million tonnes of liquefied natural gas to Petronet LNG, is in talks to increase gas supplies beyond the contracted amount, its Managing Director, Mr Jerry Wolahan, said here on Monday.

RasGas will double LNG exports to Petronet to 5 million tonnes from April and an additional 2.5 million tonnes is scheduled for supply in 2008.

"We are talking to Petronet LNG for supplies beyond 7.5 million tonnes," Mr Wolahan told reporters on the sidelines of the Petrotech 2005 conference here. Petronet is doubling its Dahej terminal capacity to 10 million tonnes and putting up a new 2.5-million-tonne capacity import terminal at Kochi.

Dahej imported 2.5 million tonnes of LNG from Qatar in its first year of operation in 2004-05 and will operate at full capacity from 2005-06.

The 2.5 million tonnes of LNG in 2008 will also be regassified at Dahej.

Mr Wolahan, however, said RasGas's planned production capacity up to 2010 has already been tied up and Petronet can get additional volume only from future projects.

He said there was enough demand in India to justify LNG and piped gas imports from several sources.

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