India renegotiated Gazprom LNG deal to save up to Rs.9,500-crore: Oil Minister

摘要

India's renegotiated gas import deal with Russia's Gazprom will save between Rs.8,500-crore and Rs.9,500-crore over the contract period ending 2040,according to Oil Minister Mr.Dharmendra Pradhan.State-owned gas utility GAIL India Ltd.had in January taken advantage of the Russian company's inability to deliver liquefied natural gas(LNG)from the previously agreed Schtokman project in the Barents Sea,to renegotiate price agreed in 2012.