Russia's Gazprom sees new LNG deal with India's Gail in six months | Reuters

GOA, India Russia's Gazprom CEO Alexei Miller said on Saturday he hoped to renegotiate a deal to supply liquefied natural gas to India's Gail (India) Ltd within the next six months.'We will make a decision in the near future, in the course of six months,' Miller said. The two companies are discussing a change to the period in which Gail has to increase its off-take to 2.5 million tonnes of LNG per a year, as agreed under a previous contract, Miller told reporters.When asked if the volume of 2.5 million tonnes a year would remain unchanged, he said: 'Yes.' (Reporting by Denis Pinchuk; Writing by Jack Stubbs; Editing by Jeremy Gaunt)

Reuters October 15, 2016 18:45:07 IST
Russia's Gazprom sees new LNG deal with India's Gail in six months
| Reuters

Russias Gazprom sees new LNG deal with Indias Gail in six months
 Reuters

GOA, India Russia's Gazprom CEO Alexei Miller said on Saturday he hoped to renegotiate a deal to supply liquefied natural gas to India's Gail (India) Ltd within the next six months."We will make a decision in the near future, in the course of six months," Miller said. The two companies are discussing a change to the period in which Gail has to increase its off-take to 2.5 million tonnes of LNG per a year, as agreed under a previous contract, Miller told reporters.When asked if the volume of 2.5 million tonnes a year would remain unchanged, he said: "Yes."

(Reporting by Denis Pinchuk; Writing by Jack Stubbs; Editing by Jeremy Gaunt)

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