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GAIL India issues swap tender for LNG cargo, sources say

GAIL India issues swap tender for LNG cargo, sources say

- GAIL (India) GAIL.NS has issued a swap tender offering one US-loaded liquefied natural gas (LNG) cargo in exchange for a cargo delivered to India, said two industry sources on Thursday.

GAIL, India's largest gas distributor, is offering the cargo for loading at Sabine Pass, Louisiana on December 29, in exchange for one cargo to be delivered to the Dahej terminal during December 1-25.

The tender closes on October 29.


(Reporting by Emily Chow; Editing by Jacqueline Wong)

((emily.chow@thomsonreuters.com; Reuters Messaging: emily.chow.thomsonreuters.com@reuters.net))

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