Gail India tenders to buy 6 LNG cargoes for 2017 delivery

• Posted in OilGas
• on July 12, 2016
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Gail India has launched a tender to buy six liquefied natural gas (LNG) cargoes for delivery in 2017, according to trade sources. The supply is to be purchased based on a link to Brent crude oil prices, one of the sources said. Price-sensitive Indian importers have taken advantage of relatively low LNG prices to bolster purchases and provide additional supply to gas-starved domestic industries.
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