A Review of the Nigerian Energy Industry

India’s Gail buys 2 LNG cargoes for April delivery

LNG tanker

14 March 2018, Lagos – India’s gas company Gail has bought two liquefied natural gas (LNG) cargoes for delivery in April.

The cargoes were bought through a tender, Reuters quoted traders as saying on Tuesday.

The company likely paid premiums of about $8.50 to $8.70 per million British thermal units (mmBtu) for the two cargoes to be delivered over April 1 to 7 and April 8 to 17, according to the traders.

The cargoes are for delivery into Dahej or Dabhol ports.

 

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