India's GAIL renegotiates LNG deal with Gazprom -Reuters
January 16 2018 - 8:55AM
Dow Jones News
--India-based gas utility company GAIL (India) Ltd. (532155.BY)
has renegotiated the terms of a long-term liquefied natural gas
purchase deal with Gazprom PJSC (GAZP.RS), Reuters reports.
--GAIL signed a deal with Gazprom Marketing & Trading
Singapore in 2012 to buy 2.5 million tons of LNG a year and
supplies are scheduled to start in the second quarter of 2018,
according to Reuters.
--India has been leveraging its position as one of the biggest
energy consumers to strike better bargains for its companies,
Reuters reports.
Full story: http://reut.rs/2rctYb1
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(END) Dow Jones Newswires
January 16, 2018 08:40 ET (13:40 GMT)
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