GAIL (India) Shopping for Buyers of 3 Cove Point LNG Cargoes

Pssst. Hey buddy. Ya wanna buy an LNG cargo. Or three? Dominion’s Cove Point LNG export facility along the coast of Maryland liquefies and exports Marcellus Shale gas. Dominion has two customers who buy all of the LNG the facility can produce: Japan and India. GAIL, formerly known as Gas Authority of India Ltd., is looking to sell three upcoming LNG cargoes instead of shipping them all the way to India.

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