HomeIndiaGAIL India issues swap tender for 12 LNG cargoes in 2024, reports...

GAIL India issues swap tender for 12 LNG cargoes in 2024, reports say

SINGAPORE (Reuters) – GAIL (India) Ltd. has issued an exchange offer seeking 12 cargoes of liquefied natural gas (LNG) to load in the US in exchange for 12 cargoes to deliver to India in 2024, they said on Friday. two industry sources.

India’s largest gas distributor offers cargoes for loading from the Sabine Pass terminal in the US and seeks cargoes for delivery to the Dhamra terminal in India.

The bidding closes on June 22, the sources said.

(Reporting by Emily Chow; Editing by Sonia Cheema)

(Only the headline and image in this report may have been modified by Business Standard staff; all other content is auto-generated from a syndicated feed.)

First posted: June 16, 2023 | 11AM IS

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