Gail to Market US LNG

Gail Global Singapore, a wholly owned subsidiary of Gail India, is marketing up to 1 MMTPA of long term LNG volume from Gail’s US portfolio up to 20 year term on FOB basis, according to a company notice published last week.

According to the company deliveries will most likely begin in 2018.

The fuel would come mainly from the Sabine Pass project, although a company source told Platts, Gail was flexible about the loading terminal depending on the requirements of the buyer.

Interested parties need to submit a confidentiality agreement by May 19.

Gail Global Singapore planned to finalize the deal within two months from May 19, Platts adds.