GAIL has contracts for the purchase of 5.8 million tonnes a year of liquefied natural gas (LNG) with two US suppliers, deals that were signed between 2011 and 2014 as LNG prices roared across the world. A global price reversal since leading to a recent collapse in the spot market has made it harder for GAIL to market the expensive US gas.from Energy-Industry-Economic Times https://ift.tt/2WLkbGm
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