First LNG from US

The Telegraph
March 07, 2018

The first ever consignment of US liquefied natural gas (LNG) would arrive in the country later this month, about nine months after the arrival of a consignment of American crude, indicating increasing energy ties between the two countries.
The shipment, under a 20-year deal, is coming from Louisiana. State-owned GAIL India has contracted 3.5 million tonnes per annum of liquefied natural gas (LNG) from Cheniere Energy's Sabine Pass liquefaction facility in Louisiana.
"The cargo has been loaded on-board GAIL's first chartered LNG ship 'Meridian Spirit'. This LNG cargo originated from Cheniere Energy's LNG export facility at Sabine Pass LNG project," GAIL said in a statement.
"The cargo will discharge LNG at Dabhol terminal of GAIL (in Maharashtra) on or around 28th of this month."
Last October, India imported its first shipment of US crude. The US had stopped oil exports in 1975 and the ban was lifted by former President Barack Obama in 2015.<>GAIL had signed a sale and purchase agreement (SPA) with US LNG exporter Cheniere Energy in December 2011. The SPA went into effect March 1. Under the terms of the agreement, Cheniere will sell and make available for delivery to GAIL about 3.5 million tonnes a year of LNG. Cheniere's LNG is based on natural gas sourced from the US market, which provides access to abundant and low-cost gas resources.
The ship set sail after a ceremony to mark the occasion at Sabine Pass in the presence of Cheniere CEO Jack Fusco and GAIL chairman and managing Director B.C. Tripathi. "The commencement of this agreement marks the start of a long and productive relationship between Cheniere and GAIL," said Fusco.
https://www.telegraphindia.com/business/first-lng-from-us-213760

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