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Gail India offers three LNG cargoes from Sabine Pass for May to July

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LNG Industry,

Reuters are reporting that Gail India has offered three LNG cargoes for May to July loading from Sabine Pass in the US.

The cargoes will be sold based on the US benchmark Henry Hub gas price.

The tender closes on 29 March with same-day validity.

The Indian importer has 20-year deals to buy 5.8 million tpy of US LNG in total, split between Dominion Energy’s Cove Point plant and Cheniere Energy’s Sabine Pass.

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