Panaji, Jan. 30 -- At least 10 global energy majors-including Abu Dhabi National Oil Co. (Adnoc) Gas, France's TotalEnergies and Geneva-headquartered trading firm Gunvor-have shown interest in state-run Bharat Petroleum Corp. Ltd's (BPCL) tender to buy about 4 million tonnes of liquefied natural gas (LNG) over a 10-year period, two people in the know said. The development underscores India's renewed push to lock in long-term gas supplies amid geopolitical volatility.
India's refiners and gas supply firms have been actively scouting for long-term gas contracts worldover in a bid to achieve energy security amid an uncertain trade scenario and post Russian major Gazprom's contract renege with India's state-owned Gail in 2022.
Earlier this ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.