12
Dec
2011

GAIL India signs 20-year Sabine Pass LNG supply deal

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India’s state-run gas company GAIL India and Cheniere Energy announced on Monday that they had signed a sales and purchase agreement (SPA) under which Cheniere will supply GAIL with 3.5 mtpa of LNG for visual_editor0 years from visual_editor017, from train four of the proposed Sabine Pass LNG export project in the US state of Louisiana. GAIL will pay for the LNG based on the US benchmark Henry Hub price.

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