Wednesday, February 26, 2020

Gail Offers 10 U.S. LNG Cargoes

April 24, 2019

File Image: Cheniere's Sabine Pass, Texas LNG Facility. (CREDIT: Cheniere)

Gail India on Wednesday offered 10 cargoes of liquefied natural gas (LNG) loading in the United States, three trade sources said.

The cargoes are offered for loading between June 2019 and March 2020 on a free-on-board basis, meaning buyers will have to arrange shipping.

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 (LNG)'s Sabine Pass site.

The tender closes on April 29.

Reporting by Ekaterina Kravtsova and Sabina Sawadzki

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