India’s GAIL has reportedly agreed to sell 2 million tons of its U.S. liquefied natural gas portfolio.
The company’s managing director B.C. Tripathi revealed this information to Reuters but declined to add further information.
It was previously reported that GAIL decided to sell at least 0.5 mtpa of LNG from its U.S. portfolio to Shell, with additional 0.5 mtpa being booked by local customers.
GAIL secured 3.5 mtpa of LNG from Houston-based LNG player Cheniere for 20 years and booked 2.3 mtpa capacity at Dominion’s Cove Point liquefaction facility.
LNG World News Staff