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Gail India issues tender to buy and sell LNG cargoes: sources

Birds fly past the logo of India's state-owned natural gas utility GAIL (India) Ltd in New Delhi

LONDON/SINGAPORE (Reuters) - Gail (India) has issued a tender offering two liquefied natural gas (LNG) cargoes for loading in the United States, and is seeking a cargo for delivery into India, two industry sources said on Friday.

It offered two cargoes to load from the Cove Point plant in the U.S. on a free-on-board (FOB) basis loading in late-June and July, they said.

It is also seeking a cargo for delivery into India, in May or August 2021, on a delivered ex-ship (DES) basis, they added.

The tender closes on May 27, one of the sources said.


(Reporting by Ekaterina Kravtsova in London and Jessica Jaganathan in Singapore; Editing by Shri Navaratnam and Uttaresh.V)