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India pays for Russian LNG imports in US dollar : Rashtra News #India #pays #Russian #LNG #imports #dollar India's largest gas utility GAIL (India) Ltd continues to pay for the LNG it imports from Russia's Gazprom in US dollars and will seek exchange rate neutrality in case payments are sought in any other currency such ....
GAIL, an Indian gas utility, faced supply disruption due to sanctions imposed by Moscow on SEFE, a former unit of Russian energy giant Gazprom. GAIL filed an arbitration claim seeking USD 1.8 billion from SEFE for non-supply of LNG cargoes. SEFE, now state-owned by Germany, denied owing more than contractually limited amounts. ....
GAIL had in December last year filed an arbitration claim before the London Court of International Arbitration seeking USD 1.8 billion from SEFE for "non-supply of LNG cargoes under long-term contract." ....
A former unit of Russian energy giant Gazprom said sanctions by Moscow had led to disruption in its sources of supplies, leading to the default in supply to Indian gas utility GAIL.
GAIL had in December last year filed an arbitration claim before the London Court of International Arbitration ....
Gail (India) Limited | Russian energy giant Gazprom denies payout to GAIL for supply default amid Ukraine war telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.