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.