GAIL purchases Omani LNG cargo to meet energy demand
GAIL purchased an Omani LNG cargo for delivery next week to address domestic shortages. The deal follows significant supply disruptions from the Middle East.
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The state-run energy firm GAIL (India) Limited has purchased a liquefied natural gas (LNG) cargo from Oman as India seeks to maintain its domestic supply levels. Trade sources indicate the prompt cargo was acquired through negotiations with a European trader at a fixed price ranging between $17 and $20 per million British thermal units.
