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GAIL opposes IGX platform for LNG terminal capacity booking

India's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consumers without significant value. The company believes existing frameworks do not require a separate booking platform. High global LNG prices already pressure downstream natural gas consumers. Much of India's LNG regasification capacity remains underutilised currently.

India's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consumers without significant value. The company believes existing frameworks do not require a separate booking platform. High global LNG prices already pressure downstream natural gas consumers. Much of India's LNG regasification capacity remains underutilised currently.
ORIGINAL SOURCE

Economic Times

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