GAIL Floats Tender To Buy, Sell LNG For January-February: Report

GAIL is seeking the cargo for January delivery into India and has offered a cargo for loading from the Cove Point plant in the United States in February

GAIL Floats Tender To Buy, Sell LNG For January-February: Report

The tender closes on November19

Gail (India) has issued a tender seeking to buy a liquefied natural gas (LNG) cargo delivery into India and offering a cargo for loading from the United States, two industry sources said on Wednesday, November 18.

It is seeking the cargo for January delivery into India and has offered a cargo for loading from the Cove Point plant in the United States in February, one of the sources said. The tender closes on November 19, the source said.

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The 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.