U.S. Taps India as Asia's Debut Buyer of American Shale Gas

  • Spot cargo from Cheniere Energy will reach India mid-April
  • Delivered price for Cheniere cargo is about $5 per mmBtu

Gail India Ltd. bought the second shipment of liquefied natural gas from Cheniere Energy Inc.’s Sabine Pass plant in Louisiana in a deal that makes it the first Asian importer of U.S. shale gas.

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