GAIL seeks 60 cargoes over five-year period, say sources

GAIL (India) is seeking 60 cargoes of liquefied natural gas (LNG) for delivery over a five-year period, two industry sources said on Friday.

India's largest natural gas distributor is seeking one LNG cargo a month to be delivered from April 2025 to March 2030 at a price linked to U.S. benchmark Henry Hub, the sources said.

One of the sources added that GAIL is seeking the cargoes for delivery to the Dahej, Hazira and Dabhol terminals in a tender that closes on Nov. 13.