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Indian refining major HPCL seeks commissioning cargo for Chhara LNG terminal on the west coast of India

India's Hindustan Petroleum Corp is talking to various suppliers for a commissioning cargo for its upcoming LNG receiving terminal at Chhara, in Gujarat on the west coast of India.

Apart from the commissioning cargo to be delivered in December 2024 or in January 2025, the state-run refining major HPCL is also seeking one LNG cargo a month at Brent linked price for 15 years, starting from late 2026 or early part of 2027, according to Reuters report.

HPCL’s 5 mil mt/year Chhara terminal was earlier scheduled to be commissioned in July but because of rough weather conditions it was re-scheduled for late 2024. Torrent Power, a private power major on the west coast of India and the state-run Gujarat State Petroleum Corporation (GSPC) believed to be seeking between 1 mil mt/year to 1.5 mil mt/year each for 10 to 15 years from HPCL once the Chhara terminal is commissioned.

Apart from the private and the government owned gas and power distribution companies, HPCL itself has RLNG requirement for its own crude oil refineries located on the west coast of India.

Among the suppliers TotalEnergies, trading major Vitol and Shell believed to be in talks with HPCL for the long-term LNG supply starting from 2026-27.

editor@lngworldwide.com