Gail India awards tender for April LNG shipment

MILAN (Reuters) -- Gail India has awarded a tender for a liquefied natural gas (LNG) shipment delivering in April at a price of around $6 per MMbtu, traders said.

Gail India Small
Photo Courtesy of Gail India.

Estimates of the transaction price by traders ranged from slightly below to slightly above that level.

The supplier could not be immediately identified.

Reporting by Oleg Vukmanovic, editing by David Evans

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