India’s GAIL issues swap tender to buy and sell LNG over Aug-Dec – sources
GAIL NSE -0.04 % (India) Ltd has issued a swap tender offering liquefied natural gas (LNG) cargoes for loading in the United States and seeking cargoes for delivery into India over August to December, three industry sources said on Wednesday.
The state-run natural gas firm has offered to swap a cargo a month over the period in a tender closing on July 26, the sources added.
Four of the cargoes are for loading from the Cove Point plant in the United States while one is for loading from Sabine Pass export terminal, one of the sources said.
