Milan: Gail India has launched a tender to buy six liquefied natural gas (LNG) cargoes for delivery in 2017, according to trade sources.
The supply is to be purchased based on a link to Brent crude oil prices, one of the sources said.
Price-sensitive Indian importers have taken advantage of relatively low LNG prices to bolster purchases and provide additional supply to gas-starved domestic industries.
Milan: Gail India has launched a tender to buy six liquefied natural gas (LNG) cargoes for delivery in 2017, according to trade sources.
The supply is to be purchased based on a link to Brent crude oil prices, one of the sources said.
Price-sensitive Indian importers have taken advantage of relatively low LNG prices to bolster purchases and provide additional supply to gas-starved domestic industries.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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