Gail India seeks a participation in the US LNG project. UU. To boost commercial ties | Photo credit: Reuters
Gail India LTD issued a tender on Friday to buy up to 26 percent participation in a liquefied natural gas project in the US.
India is running to become one of the first to agree on a commercial agreement with the United States, since the announcement of President Donald Trump of Sweeping Tariff has triggered a commercial war with China and the efforts of other countries to negotiate.
Trump has made it clear that he considers the US gas as a negotiation chip.
The largest gas distributor in India, Gail, has invited the initial offers of the companies, since it seeks to buy capital in an existing LNG license project or a new project that will be in charge from 2030 to latest, showed the document published on its website.
The United States is already the second largest supplier in India, one of the fastest growing economies in the world. Qatar is the largest LNG supplier to India.
Gail state wants 1 million metric tons per year of a plant in a plant in the US. In a free basic on the board for a period of 15 years, he said, he added that the agreement will extend between five and 10 years.
The document also showed Gail Wags to start gnl of the US project by 2029-2030. The last date for US projects to send offers is April 28.
To boost its US energy imports. UU., India is also considering eliminating its import tax in the US GNL. To be more competitive in prices, and helps cut its commercial surplus of $ 45.7 billion with the United States.
Gail had to stop a similar process in 2023 to buy a participation in a US LNG plant., Joe Biden Biden Biden prohibited export permits for new LNG projects.
The Indian company has revived the tender since the Trump administration has raised the ban.
India is the fourth largest GNL importer in the world and aims to increase gas participation in the country’s energy combination to 15 percent by 2030 from 6.2 percent now.
Gail has hired to buy 15.5 million tons per year of LNG, including the supplies of Australia, Qatar and the United States and Vitol and ADNOC merchants, according to their annual report by 2023-24.
Their long -term agreements with companies in the US.
Posted on April 12, 2025
