A former Gazprom unit has defaulted on supplying contractual LNG to India, prompting rationing of gas supplies to users like fertiliser plants in the country, state-owned GAIL (India) Ltd said on Thursday.
Gazprom Marketing and Trading Singapore (GMTS), now a subsidiary of Gazprom Germania, has defaulted on supply of eight cargoes (shiploads) of liquefied natural gas (LNG) under a long-term deal, GAIL Director (Finance) R K Jain said at an investor call.
