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India Poised to Get LNG Spot Cargo From Nigeria at Dahej Port

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Sept. 24 (Bloomberg) -- India, Asia’s fourth-largest buyer of liquefied natural gas, is set to receive a spot cargo from Nigeria, ship-tracking data show.

The Iberica Knutsen, with a capacity of about 135,000 cubic meters, will arrive tomorrow at Dahej port in western India, according to transmissions captured by IHS Fairplay on Bloomberg. The vessel loaded the supercooled gas at Nigeria LNG Ltd.’s Bonny Island terminal and departed Sept. 2.

India has no long-term contracts to buy LNG from the West African nation, according to data compiled by Bloomberg. Petronet LNG Ltd., India’s largest buyer of the fuel, owns a processing facility at Dahej in Gujarat state with a capacity of 10 million metric tons a year, the company’s website show.

To contact the reporter on this story: Chou Hui Hong in Singapore at chong43@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

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