Gail India issues tender to buy and sell LNG for Sept and March-sources
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
SINGAPORE - Gail (India) has issued a tender seeking to buy a liquefied natural gas (LNG) cargo for delivery into India and offering a cargo for loading from the United States, two industry sources said on Wednesday.
It is seeking the cargo for September delivery into Dahej, India and has offered a cargo for loading from the Cove Point plant in the United States during March 4-6, one of the sources said.
The tender closes on Aug. 19, the source added.
The Indian importer has 20-year deals to buy 5.8 million tonnes a year of U.S. LNG, split between Dominion Energy's Cove Point plant and Cheniere Energy's Sabine Pass site in Louisiana.
(Reporting by Jessica Jaganathan; Editing by Jacqueline Wong)
.jpg)
