India’s GAIL seeks 1 mil mt LNG term deal as demand soars

India’s state-run gas utility GAIL is eyeing a one million mt LNG import deal for 10 years starting 2023 to quench the country’s growing appetite for cleaner fuels amid rising energy needs, company Chairman and Managing Director Manoj Jain said May 27. “The main consideration of buying LNG will be competitive prices from anywhere including Russia,” Jain said at a…