Gail (India) purchases LNG cargo for delivery this month
Published by David Rowlands,
Editor
LNG Industry,
The company reportedly bought the cargo for delivery into Dabhol, India, on a delivered ex-ship (DES) basis for 23 February to 28 February at US$2.40/million Btu – US$2.50/million Btu.
The sources claim that it is likely that this is a new record low price for LNG cargoes delivered into India.
One of the sources added that Gail, in a separate transaction, sold a cargo from the Cove Point facility in the US on a DES basis into Europe for delivery in February to March, and likely did not award another cargo it had offered for loading in April from Cove Point.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/17022020/gail-india-purchases-lng-cargo-for-delivery-this-month/
You might also like
Golar agrees 20-year re-deployment charter for FLNGs
Golar LNG Ltd has announced the final investment decision and fulfilment of all conditions precedent for the 20-year re-deployment charter of the FLNG Hilli Episeyo.