India's Mundra LNG terminal to receive commissioning cargo Jan 22

India's Mundra LNG terminal in Gujarat, co-owned by Gujarat State Petroleum Corp. and Adani Group, is set to receive its commissioning cargo Wednesday, according to S&P Global Platts vessel tracking software cFlow.

The 210,000 cu m Q-Flex LNG vessel Murwab is currently in the Gulf of Kutch, India and is scheduled to enter the Mundra LNG terminal Wednesday, cFlow data showed.

The Nakilat owned and operated vessel sailed from Ras Laffan, Qatar on January 17 headed for the Mundra LNG terminal, according to the data.

GSPC issued a tender on December 16 seeking a cargo to be delivered over H2 January to the Mundra LNG terminal. The tender closed December 18 and was subsequently heard awarded in the mid-$5s/MMBtu.

The DES West India assessment was $4.975/MMBtu on the day the tender closed, Platts data showed.

"It is normal for a commissioning cargo to be awarded at a higher price than the [existing] market level due to the operational uncertainties at a new terminal," an Indian end-user said.

The Mundra LNG terminal has an import capacity of 5 million mt/year and two 160,000 cu m LNG storage tanks.