GAIL to secure long-term LNG supply

GAIL (India) Limited is looking to secure long-term LNG supply, aiming to acquire 60 cargoes over a five-year time frame. The agreement would involve one LNG shipment per month, scheduled for delivery from April 2025 through March 2030, with pricing linked to the US Henry Hub benchmark. In addition, GAIL intends for these shipments to be received at its Dahej, Hazira and Dabhol terminals.