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Jul 21, 2026 اردو

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India’s GAIL issues swap tender for 12 LNG cargoes, sources say

Published February 4, 2025 Updated February 4, 2025 11:02am

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By Reuters

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SINGAPORE: GAIL (India) Ltd has issued a swap tender offering 12 liquefied natural gas (LNG) cargoes for loading in the United States in exchange for 12 cargoes to be delivered to India in 2026, two industry sources said on Tuesday.

GAIL, India’s largest gas distributor, is offering the cargoes for loading, one in each month of the year, from Sabine Pass on a free-on-board (FOB) basis.

Bangladesh’s RPGCL seeks LNG cargo for Dec delivery

In exchange, the company is seeking the cargoes for delivery to the Dhamra terminal on a delivered ex-ship (DES) basis in the same timeframe.

The swap tender closes on Feb. 19.

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USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
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USD to Swiss Franc / Jul 20	0.81
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FTSE 100 / Jul 20	10,562.80
Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

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Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Crude Oil USD/Barrel / Jul 20	84.29
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