Reuters are reporting that GAIL (India) is to begin getting LNG under reworked deal with Gazprom from May.
GAIL signed a 2.5 million tpy LNG import deal with Gazprom in 2012.
Supplies under the reworked deal will be gradually ramped up and likely to reach full volumes in 5 – 6 years.
GAIL and Gazprom in January renegotiated the gas purchase deal including pricing.
Read the article online at: https://www.lngindustry.com/liquefaction/05042018/gail-to-start-importing-lng-under-gazprom-deal-from-may/
You might also like
TotalEnergies has signed a sale and purchase agreement with Sembcorp Fuels to deliver of up to 0.8 million tpy of LNG for a duration of 16 years, commencing in 2027.