(a) the current capacity of re-gasification facilities and plans for expansion;
(b) the current demand and supply of Liquefied Natural Gas (LNG) and its pricing
method in the country;
(c) whether the Government proposes to review the current price mechanism of LNG;
(d) if so, the details thereof;
(e) whether public sector oil companies have required any upstream interest to ensure
proper LNG supply in the country; and
(f) if so, the details thereof?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SMT. PANABAAKA LAKSHMI)
(a) The current regasification capacity stands at 14.8 MMTPA and is expected to go upto
50 MMTPA by 2016-17.
(b) to (d) During the period April 2012 to January 2013 around 40 mmscmd of RLNG has been
consumed by various sectors in the country. The price of LNG imported under term contracts
is governed by the Sale & Purchase Agreement (SPA) between LNG seller and buyer, whereas
the spot cargoes are purchased on mutually agreeable commercial terms.
(e) & (f) ONGC has executed an MoU with Mitsui and BPCL for exploring the possibility of
setting up either a Floating or an Onshore RLNG terminal of 2-3 MMTPA capacity at Mangalore.