Torrent Power seeks 5 LNG cargoes for 2019: sources

Reuters Singapore | Updated on January 10, 2019 Published on January 10, 2019

Torrent Power is seeking five liquefied natural gas (LNG) cargoes for delivery in 2019, said two industry sources.

The utility company is seeking cargoes for delivery over February, May, July, October and December, one of the sources said.

The tender closed on Jan, 9 and is valid until Jan, 11.

The February cargo will be bought at a fixed price while the others will be linked to Brent oil prices, the first source added.

Torrent Power distributes electricity to over 3 million customers every year in India, according to the company's website.

Published on January 10, 2019
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