Monday, 9 May 2016

GAIL headed to take a $850 million hit every year in its US business: Nightmare scenario envisages LNG price at below variable cost levels

It is now longer a question of whether GAIL is going to lose money on its 5.8 million tonnes of LNG capacity booked with US liquefaction terminals but how much money is it going to lose.
8The website projects that fixed charge of..http://goo.gl/WNluOb

Click on the following links for more on this story:   
GAIL headed to take a $850 million hit every year in its US business-II: Company's losses can go up further
GAIL headed to take a $850 million hit every year in its US business-III: Will the gas major default on its obligations?

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