GAIL signs 20 year LNG deal with Gazprom
NEW DELHI – GAIL said that it has signed a 20 year deal to buy 2.5 mmtpy of LNG from the Singapore unit of Gazprom.
The gas pipeline operator said the supplies will start in 2018-2019. The LNG will come from Gazprom' s Shtokman production facilities and will be priced with an oil indexed formula and delivered to Dahej, Dabhol and Kochi terminals, it said in a statement.
Dow Jones Newswires