Gail India Purchases Second LNG Shipment from Sabine Pass Terminal
Posted on Apr 4, 2016 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Gail India Purchases Second LNG Shipment from Sabine Pass Terminal
Bloomberg reports that the second shipment of LNG produced at Cheniere Energy Inc.’s Sabine Pass LNG terminal in Cameron Parish, La. was purchased on a spot basis by Gail India Ltd. The shipment is expected to reach the Dabhol import terminal on India’s west coast by mid-April. According to the report, the delivered price of the cargo is about $5/MMBtu, compared to the $4.30/MMBtu price paid by northeast Asian customers for spot cargoes.