GAIL floats tender for LNG cargoes
Government-owned GAIL (India) Ltd has floated a tender offering a swap of 12 liquefied natural gas (LNG) cargoes for loading in the United States in exchange for 12 cargoes to be delivered to India in 2026. As per the tender the U.S. cargoes will be loaded monthly from Sabine Pass on a free-on-board (FOB) basis.
The Indian deliveries will go to the Dhamra terminal on a Dhamra terminal on a delivered ex-ship (DES) basis. The last date for bid submission is on 19th February 2025.
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