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India’s GAIL purchases two LNG cargoes

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LNG Industry,

According to Reuters, GAIL Ltd has purchased an LNG cargo from BG, and another from Qatar. The BG cargo is expected to be delivered in February 2016, whilst the Qatar cargo is expected to be delivered in March 2016.

Whilst the BG cargo sold for approximately US$5/million Btu, the Qatar cargo sold for just over US$4/million Btu.

Edited from various sources by David Rowlands

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