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India LNG news

 

Gail issues LNG cargo swap tender

According to Reuters, two industry sources have reported that Gail (India) has issued a swap tender to buy and sell LNG cargoes.

 

AG&P and ADNOC sign FSU agreement

AG&P has signed an agreement with ADNOC L&S for the conversion, supply, operations and maintenance of an FSU at AG&P’s new LNG import facility at Karaikal Port in Puducherry, India.

 

LNG will be oversupplied until mid-2020

An executive from Japan’s Inpex Corp. is predicting oversupply in the LNG market until mid-2020, at which point they expect demand from southeast Asia and India to pick up.