Business Standard

Monday, December 30, 2024 | 12:02 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

GAIL India issues tender to buy and sell LNG cargoes: Report

GAIL India has issued a tender offering two liquefied natural gas cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said

Photo: Reuters

Gail logo

Reuters SINGAPORE

SINGAPORE (Reuters) - Gail (India) has issued a tender offering two liquefied natural gas (LNG) cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said on Wednesday.

It offered two cargoes to load from the Cove Point plant in the United States on a free-on-board (FOB) basis over Jan. 4 to 6 and Feb. 11 to 13, they said.

It is also seeking two cargoes for delivery into Dabhol in India over Jan. 7 to 15 and over Feb. 4 to 10 on a delivered ex-ship (DES) basis, they added.

 

The tender closes on Nov. 5.

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 Muralikumar Anantharaman)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 04 2020 | 12:27 PM IST

Explore News