Indian energy companies seeking LNG spot cargo
Published by Will Owen,
Editor
LNG Industry,
Reuters is reporting that India’s Gujarat State Petroleum Corp (GSPC) is offering a tender to buy a cargo of LNG. It is also reported that Indian Oil Corp (IOC) is also seeking an LNG spot cargo.
The GSPC tender opened on 5 January, will close by end 7 January, and has validity until 8 January. The delivery window is set for 20 January to 10 February.
Experts suggest that India will continue to purchase regular spot cargoes throughout the winter, however significant demand spikes are not expected.
Read the article online at: https://www.lngindustry.com/lng-shipping/07012019/indian-energy-companies-seeking-lng-spot-cargo/
You might also like
Wood Mackenzie: Global LNG market could split if an EU carbon tax is imposed on imports
Wood Mackenzie report says EU levies could create European price premium and transform LNG trade.