NEWS
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- 10 March | SFG Folks! She failed prelims 3 times. Then cleared the exam in one go! Watch Now! →
First U.S. LNG shipment to reach India from Louisiana facility this month
Context:
India will receive its first LNG import from the U.S. later in March
Details:
- The sale purchase agreement was signed in December 2011
- Under the terms of the agreement, GAIL would purchase approximately 3.5 million tonnes of LNG per year from Cheniere’s Sabine Pass.
- The cargo from Cheniere Energy’s Sabine Pass LNG export facility in Louisiana was loaded on to GAIL’s chartered LNG ship ‘Meridian Spirit’ on March 5.
- The cargo is expected to discharge LNG at the Dabhol terminal of GAIL on or around March 28.
Significance:
- The commencement of this agreement marks the start of a long and productive relationship between Cheniere and GAIL
- This is expected to reinforce India-U.S. trade ties
