Emirates National Oil Company (ENOC) has announced a tender to buy four cargoes of liquified natural gas (LNG) for delivery to India from April to July, two trade sources said on Tuesday.
ENOC has no reported equity or term contracts with LNG terminals in India but has previously purchased cargoes for India.
LNG prices in India, which are usually below northeast Asian prices, are at a smaller discount this year due to lower-than-expected demand in northeast Asia, one LNG trader said.
The tender closes on March 7.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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