GAIL India signs 20-year Sabine Pass LNG supply deal

摘要

India’s state-run gas company GAIL India and Cheniere Energy announced on Monday that they had signed a sales and purchase agreement (SPA) under which Cheniere will supply GAIL with 3.5 mtpa of LNG for 20 years from 2017, from train four of the proposed Sabine Pass LNG export project in the US state of Louisiana. GAIL will pay for the LNG based on the US benchmark Henry Hub price.