Report: GAIL to start LNG imports under Gazprom deal from May - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: GAIL to start LNG imports under Gazprom deal from May

MOSCOW, Apr 4 (PRIME) -- Indian state oil and gas company GAIL will begin getting liquefied natural gas (LNG) under a reworked deal with Russian gas giant Gazprom from May, Reuters reported Wednesday citing India’s oil minister Dharmendra Pradhan.

GAIL signed a 2.5 million tonnes a year LNG import deal with Gazprom in 2012.

Supplies under the reworked deal will be gradually ramped up and likely to reach full volumes in five to six years, Pradhan said

GAIL and Gazprom in January renegotiated the gas purchase deal including pricing.

End

04.04.2018 18:46
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.6243 -0.2069 24 aug
USD 65.6046 -0.0150 24 aug
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1268.45 -1.11 18:50 23 aug
micex 2660.74 -0.54 18:50 23 aug
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 229.35 -1.17 18:49 23 aug
lkoh 5183.50 -1.73 18:49 23 aug
rosn 405.60 -0.10 18:49 23 aug
sber 219.50 0.00 18:49 23 aug
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.6700 -0.4825 14:59 23 aug
USDTD 65.7350 -0.1625 17:44 23 aug