GAIL plans to double its LNG trading volume by 2030, Gupta said, without specifying the current size of its business. "We have expertise in gas. We have been procuring from so many geographies. We have sold several US cargoes to multiple customers," said Gupta.
Industry sources and shipping statistics cited by Reuters indicate that Shell is expected to resume exports next month at its Prelude liquefied natural gas project offshore Australia
LNG markets have calmed down a bit after the recent price explosions in spot contracts, and as the dust settles, traders are beginning to move to long term contracts instead