OPEN APP
Home >Industry >Energy >Indian Oil seeks LNG cargo for February delivery: Report
Any new LNG agreements with India will depend on how GAIL and Cheniere of the United States deal with a long-term supply contract signed in 2011 for an estimated $22 billion.  Photo: AFP
Any new LNG agreements with India will depend on how GAIL and Cheniere of the United States deal with a long-term supply contract signed in 2011 for an estimated $22 billion. Photo: AFP

Indian Oil seeks LNG cargo for February delivery: Report

Indian Oil is seeking the cargo for delivery on Feb. 13 on a delivered ex-ship (DES) basis in a tender that closes on Jan. 13

SINGAPORE/NEW DELHI : Indian Oil Corp is seeking a liquefied natural gas (LNG) cargo for delivery in February, two industry sources said on Monday.

The refiner is seeking the cargo for delivery on Feb. 13 on a delivered ex-ship (DES) basis in a tender that closes on Jan. 13, they said.

IOC last bought a cargo for Feb. 21 delivery at above $13 per million British thermal units (mmBtu) and did not award another cargo for Feb. 8 delivery, two other sources said.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
×
Edit Profile
My Reads Redeem a Gift Card Logout