Gail India issues tender to buy and sell LNG for September and March

Gail India issues tender to buy and sell LNG for September and March

It is seeking the cargo for September delivery into Dahej, India and has offered a cargo for loading from the Cove Point plant in the United States during March 4-6, one of the sources said.

Gail (India) has issued a tender seeking to buy a liquefied natural gas (LNG) cargo for delivery into India and offering a cargo for loading from the United States, two industry sources said on Wednesday.

It is seeking the cargo for September delivery into Dahej, India and has offered a cargo for loading from the Cove Point plant in the United States during March 4-6, one of the sources said.

The tender closes on Aug. 19, the source added.

The Indian importer has 20-year deals to buy 5.8 million tonnes a year of U.S. LNG, split between Dominion Energy’s Cove Point plant and Cheniere Energy’s Sabine Pass site in Louisiana.

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