India is pushing to renegotiate more liquefied natural gas deals after its success in reaching agreements with some of the world’s largest energy suppliers.
GAIL India Ltd., the nation’s biggest gas utility, is working toward renegotiating two more long-term deals, according to the company’s chairman. Those would follow new deals with Qatar’s RasGas Co. in 2015 and Exxon Mobil Corp. last month that saw the Indian buyer get lower prices in exchange for agreeing to purchase higher volumes.
Something interesting to share?
Join NrgEdge and create your own NrgBuzz today
Headline crude prices for the week beginning 12 November 2018 – Brent: US$71/b; WTI: US$60/b
Headlines of the week