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India's GAIL to buy 25 LNG cargoes in 2013

Published December 19, 2012 Updated December 19, 2012 06:15am

 

GAIL will get the first cargo to start its Dabhol LNG terminal from Gazprom this month, Tripathi told reporters on the sidelines of an energy conference.

 

The start of the 5 million tonnes a year terminal has seen repeated delays.

 

With gas demand expected to grow at 14 percent in the next five years, Asia's third-largest economy is scouting for long-term LNG contracts, and aims to increase its LNG handling capacity to 50 million tonnes a year by 2017 from 13.5 million tonnes now.

Copyright Reuters, 2012
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