Gail India offers three LNG cargoes from Sabine Pass for May to July
Published by Joseph Green,
Editor
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.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/27032018/gail-india-offers-three-lng-cargoes-from-sabine-pass-for-may-to-july/
You might also like
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for LNG, combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis.