Tag / Gail

Subscribe

Gail

Era of Long-term LNG Contracts in India Over, Says Gail Exec

Era of Long-term LNG Contracts in India Over, Says Gail Exec

India’s liquefied natural gas (LNG) buyers have grown frustrated with the long-term offtake contract model and are pressing U.S. sellers for more flexible terms, a Gail India Ltd. executive said Wednesday. Since prices cratered last year amid weak demand driven by the pandemic, customers have grown used to paying lower prices for delivered gas, said…

March 5, 2021

Six Years Later, Cheniere and India’s Gail Kick Off 20-Year LNG Agreement

More than six years after signing a 20-year sales and purchase agreement (SPA) for liquefied natural gas (LNG) supplies, Cheniere Energy Inc. and India’s state-owned natural gas utility, Gail (India) Ltd., officially kicked off their SPA on Monday, with a ship expected to depart Cheniere’s export terminal in Louisiana by day’s end.

March 6, 2018

Gail, Gazprom Renegotiate Russia LNG Supply Contract

India’s state-owned natural gas utility, Gail (India) Ltd., said it has renegotiated its 20-year contract to purchase liquefied natural gas (LNG) from Russia’s Gazprom, with deliveries expected to begin in the second quarter.

January 18, 2018

Marcellus Masala: Supply Deal to Send Gas to India Via Cove Point

WGL Midstream has struck a deal to sell up to 430,000 Dth/d of natural gas to GAIL Global (USA) LNG LLC (GGULL) for 20 years. The gas is to be liquefied and exported from the Dominion Cove Point LNG terminal, where GAIL holds capacity, to supply markets in India.

December 4, 2014
Carrizo Takes More India Partners, This Time in Niobrara

Carrizo Takes More India Partners, This Time in Niobrara

Carrizo Oil & Gas Inc. on Thursday said international energy companies OIL India Ltd. and Indian Oil Corp. Ltd. (IOC) will make their first foray into U.S. shale by taking a 30% stake in the Houston operator’s holdings in the Niobrara Formation of Colorado.

October 5, 2012