GAIL, SCI Ink Strategic LNG Transportation Pact

摘要

In a significant development, State-owned gas utility GAIL India signed an agreement with Shipping Corp of India (SCI) for transporting liquid gas (LNG) from US. SCI will help GAIL charter ships to move 5.8 million tons a year of liquefied natural gas (LNG) that the state-run gas firm has contracted from Sabine Pass and Cove Point terminals in US. GAIL has signed a 20-year contract to buy 3.5 million tons a year of LNG from Cheniere Energy Partners' Sabine Pass Terminal in Louisiana, USA for a period of 20 years.