LNG Regasificaton Facility to be Built at India’s Dhamra Port

Gail (India) Ltd and IndianOil announced a memorandum of understanding (MoU) on Wednesday with Dhamra LNG Terminal Pvt Ltd (DLTPL), a company owned by Indian infrastructure conglomerate Adani Enterprises Ltd, to reserve LNG regasification capacity at a new LNG terminal planned at Dhamra Port by DLTPL. Dhamra port was acquired by Adani Enertrprises in May 2014 and is an … [Read more...]

Gail India Breaks with Tradition, Offers Henry Hub-Linked LNG

Debjit Chakraborty and Rakteem Katakey June 6 (Bloomberg) -- Gail India Ltd., the nation’s largest natural gas distributor, is offering supplies from the U.S. at prices tied to the American benchmark as an alternative to its oil-linked contracts. Gail, which agreed to buy U.S. liquefied natural gas starting in four years, is offering to resell it at a fixed premium over … [Read more...]