The Hazira Group of Companies, on Tuesday, announced the appointment of Rahul Deep Singh as Managing Director of Hazira LNG Pvt Ltd (HLPL) and Hazira Ports Pvt Ltd (HPPL).
Nitin Shukla, MD and CEO of HLPL and HPPL, will superannuate on September 30 after 15 years of service in the Hazira Group of companies.
In a statement here, Shukla said that since the commissioning of Hazira LNG in 2005, the terminal has rapidly expanded from an initial regasification capacity of 2 million tonnes per annum (mtpa) to 3 mtpa in 2008 and then further to 5 mtpa in 2013.
Singh said LNG imports now account for about 45 per cent of the country’s gas demand.
Hazira is a partnership between Shell Gas B.V and Total Gaz Electricité Holdings France. Both the shareholders represent two of the largest private LNG suppliers in the world.
Shell and Total have a shareholding of 74 per cent and 26 per cent, respectively in each of the companies that comprise the Hazira LNG Terminal and Port project and are collectively known as Hazira Group of Companies (HGC).