Major Win for India! GAIL Wraps Up $1.8 Billion LNG Dispute with $285 Million Deal

Unknown Apr 02, 2026 1,050 Views

GAIL (India) Ltd has reached a $285 million settlement with SEFE Marketing & Trading Singapore, formerly a Gazprom unit, over a $1.8 billion claim for non-delivery of liquefied natural gas (LNG). GAIL had signed a 20-year LNG supply contract in 2012 with Gazprom Marketing and T...

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