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GAIL seeks 60 LNG cargoes over five-year period, say sources

The company is seeking one LNG cargo a month to be delivered from April 2025 to March 2030 at a price linked to US benchmark Henry Hub, the sources said

November 08, 2024 / 14:37 IST
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GAIL is seeking the cargoes for delivery to the Dahej, Hazira and Dabhol terminals

GAIL (India) is seeking 60 cargoes of liquefied natural gas (LNG) for delivery over a five-year period, two industry sources said on November 8.

India's largest natural gas distributor is seeking one LNG cargo a month to be delivered from April 2025 to March 2030 at a price linked to US benchmark Henry Hub, the sources said.

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One of the sources added that GAIL is seeking the cargoes for delivery to the Dahej, Hazira and Dabhol terminals in a tender that closes on November 13.

Reuters
first published: Nov 8, 2024 02:37 pm

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