Indian Oil buys commissioning cargo of LNG for new Ennore terminal


Indian Oil buys commissioning cargo of LNG for new Ennore terminal

Indian Oil Corp (IOC) bought a commissioning cargo of liquefied natural gas (LNG) for its new Ennore terminal in south India, three industry sources said on Monday.

State-owned IOC bought a partial LNG cargo for delivery on Feb. 25 from commodities trader Gunvor, the sources said.

It bought the cargo at about $9.50-9.90 per million British thermal units (mmBtu), one of the sources said. Read More

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