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GAIL says LNG supply from Gazprom will start from May

Reuters  |  NEW DELHI 

By Promit Mukherjee and Nidhi VermaNEW DELHI (Reuters) - India's state-owned gas supplier and developer GAIL Ltd plans to buy 0.5 million tonnes or eight cargoes of liquefied natural gas (LNG) from Russia's Gazprom in 2018/19, its chairman and managing director B.C. Tripathi said. "The cargoes will start coming from May," Tripathi told Reuters on Thursday at the International Energy Forum. GAIL renegotiated the terms of a long-term 2.5 million tonnes per annum (mtpa) liquefied natural gas (LNG) purchase deal with Russia's Gazprom in January. This was the third such renegotiation by India with ...

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First Published: Thu, April 12 2018. 13:31 IST
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