GAIL to Start Importing LNG Under Gazprom Deal
GAIL (India) to begin getting liquefied natural gas (LNG) under reworked deal with Gazprom from May, India's oil minister Dharmendra Pradhan told lawmakers on Wednesday
GAIL signed a 2.5 million tonnes a year 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