GAIL extends LNG newbuilds tender

GAIL extends LNG newbuilds tender to December 4

India’s GAIL has extended its deadline for the submission of bids for the charter of nine LNG carriers to December 4. 

After Indian shipyards failed to confirm tie-ups with global experts in the business before the first deadline which was set for October 30, state-owned company decided to extend the submission period and give more time to local shipbuilders to find expert partners, according to local media reports.

Three of the nine vessels that will be chartered by GAIL for 20 years, and that will transport U.S. LNG to India have to be built by local shipyards.

Korean and Japanese shipyards seem to be unwilling to share the technology and expertise with Indian companies which prompted GAIL to extend the deadline and make certain changes to the tender.

LNG World News Staff; Image: GAIL

Share this article

Follow LNG World News

One thought on “GAIL extends LNG newbuilds tender”

  1. Pingback: Tyrone

Comments are closed.

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >