What is GAIL’s offer price for gas in India?

by Anirudh Sharma
Published: February 23, 2022 (3 months ago)
Location
Delhi

What is the kind of pricing offered by GAIL these days to gas buyers in India?
Most bulk buyers are given this option
For 5 years, it is a slope of 13.95 per cent to the Brent
For three years it is 1% more to the Brent
When it comes to US LNG, the pricing is like this
At the basic US formula for five years, and at 1 dollar more for three years
At less than three years, everyone will have to buy at the current spot price