GAIL Issues LNG Swap Tender for 2026 to Secure Indian Deliveries
GAIL, India's largest gas distributor, has launched a swap tender for six U.S.-loaded LNG cargoes for 2026 in exchange for six delivered shipments to India.
RoydadNaft – GAIL (India) Ltd has issued a swap tender, offering six U.S.-loaded liquefied natural gas (LNG) cargoes in exchange for six deliveries to India, two industry sources said on Tuesday.
GAIL, 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, said one of the sources.
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 August 6, said the sources.
