GAIL selling three Sabine Pass LNG cargoes

State-run gas company GAIL (India) has reportedly floated a tender selling three liquefied natural gas cargoes from Cheniere’s Sabine Pass facility in Louisiana. 

Citing sources, Reuters reports the three cargoes are offered on a free-on-board basis scheduled for loading in three separate slots throughout the year.

The tender is set to close on Tuesday, January 22.

Cargoes are to be loaded at the Sabine Pass facility during the second half of January, second-half of July and the first half of November.

GAIL has booked 5.8 million tons of LNG on an annual basis from Cheniere’s Sabine Pass project on a 20-year contract.

LNG World News Staff