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Gail India issues tender for sale, purchase of LNG for January-February

It is seeking the cargo for January delivery into India and has offered a cargo for loading from the Cove Point plant in the United States in February

twitter-logoReuters | November 18, 2020 | Updated 13:22 IST
Gail India issues tender for sale, purchase of LNG for January-February

Gail (India) has issued a tender seeking to buy a liquefied natural gas (LNG) cargo 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 January delivery into India and has offered a cargo for loading from the Cove Point plant in the United States in February, one of the sources said.

The tender closes on Nov. 19, the source said.

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.

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