[ad_1]
Printed by Jessica Casey,
Editor
LNG Trade,
GAIL (India) Restricted and Vitol Asia Pte Ltd has introduced the signing of a long-term LNG provide deal into India for the annual provide of roughly 1 million t of LNG for a interval of roughly 10 years, ranging from 2026. Below this deal, Vitol will ship LNG from its international LNG portfolio to GAIL and these deliveries will probably be on a pan-India foundation.
GAIL Chairman and Managing Director, Sandeep Kumar Gupta, stated: “This long-term LNG provide cope with Vitol by GAIL will increase its massive LNG portfolio and can contribute to bridging India’s demand and provide hole of pure gasoline. “
Vitol CEO, Russell Hardy, added: “We’re happy to construct on the prevailing relationship between Vitol and GAIL and to conclude this long-term LNG provide deal collectively. India is a big and rising LNG market and we’re excited to deliver LNG provide from our international LNG portfolio to satisfy this rising pure gasoline demand in India.”
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/08012024/vitol-and-gail-sign-long-term-lng-supply-deal-into-india/
[ad_2]
Source_link
