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Business News/ Industry / Energy/ Gazprom to sell four LNG cargoes to India’s GSPC

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Gazprom to sell four LNG cargoes to India’s GSPC

1 min read 25 Mar 2016, 09:38 AM IST

Oleg Vukmanovic , Sarah McFarlane

Gazprom Marketing and Trading will sell four LNG cargoes to Gujarat State Petroleum Corporation between June and March 2017, sources said

File photo of a worker co-ordinating the docking of a liquefied natural gas (LNG) tanker. Photo: Bloomberg

Milan/London: Gazprom Marketing and Trading will sell four liquefied natural gas (LNG) cargoes to India’s Gujarat State Petroleum Corporation (GSPC) between June and March 2017, following a recent tender, trade sources said.

The tender attracted a lot of interest from trade houses and suppliers, they said.

GSPC paid a price between the low-to mid-11% range of a barrel of crude oil, according to traders. Reuters

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Published: 25 Mar 2016, 09:31 AM IST

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