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Tuesday, July 14, 2015

GAIL Sells 2 Million Tonnes/year LNG from U.S. Portfolio

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July 15:

NEW DELHI: GAIL (India) Ltd , a state-run gas utility, has agreed to sell 2 million tonnes of liquefied natural gas per year out of its U.S. portfolio, its chairman B.C. Tripathi said on Wednesday, but did not elaborate.
Energy major Royal Dutch Shell is a key customer of GAIL.
GAIL has a deal to buy 3.5 million tonnes per annum (mtpa) of LNG for 20 years from U.S.-based Cheniere Energy and has also booked capacity for another 2.3 mtpa at Dominion Energy's Cove Point liquefaction plant.

Source: http://www.newindianexpress.com/business/news/GAIL-Sells-2-Million-Tonnesyear-LNG-from-U.S.-Portfolio/2015/07/15/article2921675.ece?

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