Three companies submit bids for GAIL India stake in US liquefied natural gas project
GAIL India has received three competing bids for a stake in a U.S. LNG project tied to a 15-year supply deal as the country seeks to secure its energy future.
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GAIL (India) Limited , India’s 
INlargest gas distributor, has received competing bids from three companies for a tender to acquire a significant equity stake in a United States 
US liquefied natural gas (LNG) project. According to Sandeep Kumar Gupta sandeep kumar gupta, the Chairman of GAIL (India) Limited, three firms are currently vying for the opportunity to sell up to a 26% stake in an LNG liquefaction plant. This ongoing procurement process, which was first initiated last year, is linked to a long-term gas import contract that would secure 1 million metric tons of LNG per year for the Indian market.
INlargest gas distributor, has received competing bids from three companies for a tender to acquire a significant equity stake in a United States US liquefied natural gas (LNG) project. According to Sandeep Kumar Gupta sandeep kumar gupta, the Chairman of GAIL (India) Limited, three firms are currently vying for the opportunity to sell up to a 26% stake in an LNG liquefaction plant. This ongoing procurement process, which was first initiated last year, is linked to a long-term gas import contract that would secure 1 million metric tons of LNG per year for the Indian market.
