GAIL (India) has issued a swap tender, offering six US-loaded LNG cargoes in exchange for six deliveries to India, two industry sources have said.
India's largest gas distributor, is offering the cargoes for loading on a free-on-board (FOB) basis in February, April, June, August, October and December, 2026, from Sabine Pass or Cove Point, one of the sources said.
In exchange, GAIL is seeking six cargoes for delivery on a delivered ex-ship (DES) basis to India for the same months.
The tender closes on 6th August, the sources added.
