India’s GAIL points swap tender to purchase and promote LNG over Aug-Dec – sources

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(India) Ltd has issued a swap tender providing liquefied pure gasoline (LNG) cargoes for loading in the US and in search of cargoes for supply into India over August to December, three trade sources mentioned on Wednesday.

The state-run pure gasoline agency has provided to swap a cargo a month over the interval in a young closing on July 26, the sources added.

4 of the cargoes are for loading from the Cove Level plant in the US whereas one is for loading from Sabine Move export terminal, one of many sources mentioned.

As for supply into India, three cargoes are to be delivered into the Dabhol terminal whereas one might be delivered into Dahej and one other into Hazira, the supply added.

The Indian importer has 20-year offers to purchase 5.8 million tonnes a yr of U.S. LNG, cut up between Dominion Power’s Cove Level plant and Cheniere Power’s Sabine Move web site in Louisiana.

GAIL has a separate tender in search of a LNG cargo for supply into Dahej over Aug. 9 to 13, the sources mentioned, including that the tender closes on July 22.

Supply hyperlink

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