GAIL India Ltd. has issued a tender to acquire up to a 26% stake in a US liquefied natural gas project, coupled with a 15-year gas import agreement. This move supports India’s efforts to reduce its trade surplus with the US. GAIL seeks 1 million metric tons per year of LNG from the US plant, starting by 2029-2030.
GAIL floats tender for 26% stake in LNG project in US
