Indian Oil Corp. Signs Agreement for Cameron LNG Supplies

The Economic Times reports that Indian Oil Corporation has signed an interim agreement for the purchase from Mitsubishi Corporation of 0.7 million tonnes/year of LNG for 20 years from the Cameron LNG project in Hackberry, La.  According to the report, the price for the LNG is indexed to the Brent crude oil price and LNG deliveries are expected to begin the first quarter of 2018.


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