India’s premier gas firm, GAIL, has made history by orchestrating the world’s first ship-to-ship liquefied natural gas (LNG) transfer. This groundbreaking move aims to curtail shipping costs and diminish emissions. GAIL, which annually receives 5.8 million tonnes of LNG from the US, implemented an ingenious solution to optimise vessel routes. By mid-way transferring cargo from one vessel to another, GAIL achieved a historic feat, reducing the shipping distance by about 8,736 nautical miles and cutting CO2 emissions by 7,000 tonnes.
This pioneering approach, resulting in substantial savings and enhanced vessel utilisation, showcases GAIL’s commitment to innovation and sustainability in the LNG shipping industry. The success, coupled with GAIL’s floating CNG station, earned the company the prestigious ‘Innovation Award – India and Midstream Project of the Year’ at the Asian Oil and Gas Awards.