India's GAIL to start importing LNG under Gazprom deal
4/4/2018
NEW DELHI, (Reuters) - GAIL (India) to begin getting liquefied natural gas (LNG) under reworked deal with Gazprom from May, India's oilminister Dharmendra Pradhan told lawmakers on Wednesday
GAIL signed a 2.5 MMtpy LNG import deal with Gazprom in 2012. Supplies under the reworked deal will be gradually ramped up and likely to reach full volumes in 5-6 years, Pradhan said.
GAIL and Gazprom in January renegotiated the gas purchase deal including pricing.
(Reporting by Nidhi Verma; Editing by Mark Potter)
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