Petronet to import 5 spot LNG cargoes in July-Oct

Thu Jun 25, 2009 1:50am EDT
 
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NEW DELHI, June 25 (Reuters) - India's Petronet LNG (PLNG.BO) will import five spot LNG cargoes between July and October, its chief executive said on Thursday. "We have tied up 10 cargoes from various places between April and October. Five have already been sold and five are yet to come," P. Dasgupta said, referring to five it had imported and sold.

He said the spot cargoes are priced at less than $5 per million British thermal unit. (Reporting by Nidhi Verma)

 

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