GAIL of India Plans to Buy 19 LNG Cargoes by March

GAIL’s chairman B.C. Tripathi said on Friday that the company plans to purchase 19 LNG cargoes by March.

Nine of the planned LNG cargoes will be bought from the spot market, Reuters cited Triphati as saying.

He also said that GAIL is looking for “good” shale gas assets in the United States.

GAIL and the Shipping of Corporation India in June signed a Memorandum of  Understanding to cooperate for transportation of 5.8 MTPA of LNG being sourced by GAIL from Sabine Pass and Cove Point terminals in the USA.

The cooperation would include SCI assisting GAIL in the charter hiring of LNG ships and GAIL assigning step-in right to SCI in the ownership of LNG ships.

LNG World News Staff, October 25, 2013

Share this article

Follow LNG World News


<< Oct 2019 >>
30 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 3

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >