Gail India Signs Long-Term LNG Supply Deal with Trader Vitol

Gail India Signs Long-Term LNG Supply Deal with Trader Vitol

GAIL (India) has signed a long-term LNG deal with Vitol, under which the top commodity trader will supply around 1 million metric tons of LNG annually for 10 years starting in 2026, the Indian state-held firm said on Friday.As part of the deal, Vitol will deliver LNG from its global LNG portfolio to GAIL in India. GAIL owns and operates a network of over 16,000 kilometers (9,942 miles) of natural gas pipelines in India and works on multiple pipeline projects to further enhance the gas…
Read More…

Source: https://oilprice.com/Latest-Energy-News/World-News/Gail-India-Signs-Long-Term-LNG-Supply-Deal-with-Trader-Vitol.amp.html