09-07-2023 10:05 AM | Source: Reuters
India`s GAIL expects to source 20 to 25% of LNG on short-term or spot basis
India's top distributor of natural gas, GAIL (India) Ltd, expects to secure about 20% to 25% of its supply of liquefied natural gas (LNG) on a short-term or spot market basis, its marketing director, Sanjay Kumar, said on Thursday.
The rest will be via long-term contracts, Kumar told the Gastech industry conference in Singapore, adding that the company would tap spot markets to meet seasonal demand or volatility.
Latest News
American Express to open its largest office built fr...
Quote on GST April collection numbers by Gunjan Prab...
Views on Bajaj Finserv Q4 FY24 Results by Shreyansh ...
Adani Wilmar clocks 67 per cent surge in PAT for FY2...
CPI(M) leader Brinda Karat greets workers on May Day
It`s really cool Sania Mirza as Women`s Premier Leag...
Newlyweds Arti Singh, Dipak Chauhan give major coupl...
Odisha: Badminton Player Saina Nehwal visits Puri Ja...
Hyundai`s India unit, Tata Motors post higher April ...
Ola Electric captures over 52 pc market share in EV ...