NEW DELHI: State-owned gas firm GAILNSE -1.62 % India has hired a newly-built LNG ship from Japan’s Mitsui OSK Lines for ferrying gas from nations such as the US for three years beginning 2021, and plans to charter hire additional vessels.
GAIL in its latest annual report said it has contracted long-term LNG from the USA (5.8 million tonnes per annum) and Russia (2.5 million tonnes) and is now actively trading the gas in international market.