GAIL (India)
has issued a swap tender, offering two U.S.-loaded liquefied
natural gas (LNG) cargoes in exchange for two cargo deliveries
to India, said two industry sources on Wednesday.
GAIL, India’s largest gas distributor, is offering the
cargoes for loading on a free-on-board (FOB) basis on April 22
at Sabine Pass, Louisiana, and on May 11 at Cove Point,
Maryland.
In exchange, GAIL is seeking two cargoes for delivery on a
delivered ex-ship (DES) basis to the Dahej terminal on April 1-7
and 8-15.
The tender closes on March 18.
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