GAIL receives 5 bids for stake sale in its LNG project in US
Government-owned natural gas transmitter and producer GAIL (India) has received 5 bids for the sale of equity stakes in US LNG projects. The sale is linked with offers for long-term LNG supply contracts. Through the sale, GAIL aims to secure 1 million tonnes per annum of LNG for 15 years, with potential extensions, targeting shipments starting in 2029-30.
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