India’s Petroleum & Natural Gas Regulatory Board (PNGRB) has issued new draft regulations for setting up and operating liquefied natural gas terminals, writes Amanda Battersby.
One key proposal is that new receiving and regasification facilities should reserve one fifth of their capacity for common third party access.
LNG terminal operators will have to offer at all times 20% of their short-term — contracts less than five years — uncommitted regasification capacity, or 500,000 tonnes per annum, whichever is higher, "as common carrier capacity”, said PNGRB.
