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High LNG prices: GAIL claims these are "manipulated", offers to sell at lower prices
Jan 20: In an informal briefing, GAIL has claimed that high LNG prices are a result of mostly paper transactions between a few big LNG traders.
8GAIL also said that it is willing to sell LNG at a far lower price than the benchmark JKM spot prices.
8This assertion by Indian largest gas trader seems to cast doubt on the viability of JKM as a benchmark for gas prices for India.
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