Don’t miss the latest developments in business and finance.

GAIL (India) receives first US LNG cargo at Dabhol

Image
Capital Market
Last Updated : Apr 02 2018 | 11:31 AM IST
GAIL (India) announced that India's first LNG cargo from USA under long term contract with GAIL (India) was received in Dabhol on 30 March 2018. The arrival of this LNG vessel comes close on the heels of formation of Konkan LNG, a subsidiary of the company, which has recently been demerged from RGPL.

GAIL is one of the early movers to contact US LNG and has 5.8 MMTPA of US LNG in its portfolio. GAIL shall be receiving around 90 cargoes per annum from Sabina Pass and Cove Point LNG terminals.

Powered by Capital Market - Live News

Also Read

First Published: Apr 02 2018 | 11:17 AM IST

Next Story