India's largest gas distributor GAIL has invited initial bids from companies as it seeks to buy equity in an existing LNG liquefication project or a new project that would be commissioned by 2030
GAIL had to stall its 2023 process to buy a stake of up to 26 per cent in an LNG plant in US after then-President Biden paused approvals for pending and future applications to export LNG
India's buyers will hold meetings with suppliers over the next few days, during the India Energy Week conference in Delhi
European gas reserves are some 17 billion cubic metres (bcm) lower than at the same time in 2024, according to ICIS analyst Alex Froley
GAIL said it would be annually receiving about 90 cargoes of liquefied natural gas from Sabine Pass and Cove Point LNG terminals in the US