Private sector eager to utilise idle capacity at LNG terminals
People often equate unused capacity at a receiving terminal with an empty airline seat. Everything unused is a waste. That’s not necessarily the case. Traders need unused capacities in order to give their trades a default position. Operators often need to play with apparently unused capacity in order to keep the plant humming in sync with downstream requirements. It’s not as simple as some would have it. The only relevant judge can be the one who pays for the baseload capacity.
Private-sector players have approached the government, seeking allocation of idle capacity of liquefied natural gas (LNG) terminals for gas import at competitive rates in a bid to feed power plants and industrial units without involvement of state-run enterprises.