GAIL to Start Importing LNG Under Gazprom Deal

Posted by Michelle Howard
Wednesday, April 4, 2018
GAIL (India) to begin getting liquefied natural gas (LNG) under reworked deal with Gazprom from May, India's oil minister Dharmendra Pradhan told lawmakers on Wednesday
GAIL signed a 2.5 million tonnes a year LNG import deal with Gazprom in 2012

Supplies under the reworked deal will be gradually ramped up and likely to reach full volumes in 5-6 years, Pradhan said

GAIL and Gazprom in January renegotiated the gas purchase deal including pricing
Reporting by Nidhi Verma
Categories: Energy LNG Government Update Logistics Tankers

Related Stories

US Importers Place Spring Orders Early Amidst Tariffs Anxiety

Poland Eyes Bids to Expand Floating LNG Terminal

Chinese Sanctions on Hanwha Put $150B South Korea-US Shipbuilding Plan at Risk

Current News

Liebherr USA Appoints New Divisional Director

Port Houston Surpasses Three Million TEUs

Trump, Xi Pause Port Fees on Each Other's Vessels

US Grants India Sanctions Waiver to run Iranian Port

Subscribe for Maritime Logistics Professional E‑News