BG Group signs long-term LNG supply agreement in India

BG Group signed a heads of agreement agreeing to provide LNG in India on a long-term basis to Gujarat State Petroleum Corp. (GSPC). Terms of the HOA call for as much as 2.5 million tonnes/year for a 20-year period starting as early as 2014. The LNG volumes will be sourced from BG Group’s global assets.

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