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GAIL issues swap tender for six LNG cargoes, sources say – Diligentia Services

GAIL issues swap tender for six LNG cargoes, sources say

GAIL (India) Ltd has issued a swap tender offering six liquefied natural gas (LNG) cargoes for loading in the United States in exchange for six cargoes to be delivered to India

GAIL has 20-year deals to buy 5.8 million metric tons a year of U.S. LNG, split between Dominion Energy’s D.N Cove Point plant and Cheniere Energy’s LNG.AS Sabine Pass site in Louisiana.