NEW DELHI, Sept 27: Rahul Deep Singh has been appointed managing director of Royal Dutch Shell-promoted Hazira LNG Pvt and Hazira Ports Pvt.
He will replace Nitin Shukla, who will superannuate after 15 years of service in the Hazira Group companies on September 30, a company statement said.
Shukla said, “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”.
With his global experience and expertise across the full LNG value chain, Singh takes on the task of driving further growth, albeit in a challenging market context for the oil and gas industry, he said.
Singh added, “Over the last decade, LNG has emerged as a critical component of India’s gas economy, with LNG imports today accounting for about 45 per cent of the country’s gas demand. Hazira Group companies have played a key role in creating a strong gas economy in Gujarat and the rest of the country.”
He has over 15 years of experience in Asia/Middle East across both downstream and upstream parts of the LNG value chain.
He started his career with Shell as a business analyst with HLPL in 2002. Thereafter, he moved overseas to work with different businesses across the Shell Group, initially as business advisor in Dubai in 2006 to support Hazira governance activities and regional new business development efforts and subsequently moving to Qatar in 2009 to undertake various upstream commercial roles in the LNG space.
In his last assignment in Qatar, he served as Vice-President, Qatargas 4, where he led a multi-disciplinary team to manage Shell’s equity interest in the 7.8 mtpa LNG liquefaction venture.
Prior to joining Shell, he worked in the oil and gas advisory arm of Teri (The Energy and Resources Institute) in New Delhi.
Shukla joined the Shell Group in 2002 and spearheaded the Hazira Group companies since the FID (Final Investment decision) on the project.
Shell holds 74 per cent interest and Total of France the remaining 24 per cent in each of the companies that comprise the Hazira LNG Terminal and Port project and are collectively known as Hazira Group Companies (HGC). (PTI)
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