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

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.

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.