Gazprom Marketing & Trading has reportedly been selected as the provider of four liquefied natural gas cargoes to India’s Gujarat State Petroleum Corporation (GSPC).
Cargoes are set for delivery between June and March 2017, Reuters reported, citing trade sources.
GM&T was selected through a tender procedure which attracted interest from a number of traders and suppliers.
The price GSPC paid is reported between low- to mid-11 percent range of a barrel of crude oil.
LNG World News Staff