- Reuters•last month
Energy-hungry India has restarted talks on a liquefied natural gas (LNG) purchasing alliance with Japan and South Korea and may also include China as Asian demand for the fuel grows. "For the next two to three decades, gas is going to be a major part of the energy basket for Asian energy consumers," Dharmendra Pradhan, Indian minister of petroleum and natural gas told reporters in Mumbai on Tuesday. "We want to bring together the countries and form a network which can together source reasonable, rational and affordable LNG," he said, adding that talks with Japan and South Korea have begun and China may also come onboard as a partner.
- Reuters•last year
State-run GAIL (India) Ltd has invited bids to sell 0.37 million tonnes of liquefied natural gas annually for 20 years, two sources said on Thursday. GAIL is seeking to sell about six cargoes on a free-on-board basis from its stake in U.S.-based Cheniere Energy, which owns Sabine Pass Liquefaction terminal, they said. The last date for submission of bids is July 31 and GAIL hopes to supply LNG from Train 4 of Sabine Pass Liquefaction terminal from March 2018, they said.
GAIL (India) LimitedNSE
|52wk Range||260.05 - 402.80|
|Day's Range||391.00 - 402.80|
|Avg Vol (3m)||1,538,751|
As of 5:59 AM EDT. Market closed.