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Money News

Indian Oil Corp buys LNG cargo for November delivery - sources

A woman walks past a logo of Indian Oil outside a fuel station in New Delhi, India, August 29, 2016. REUTERS/Adnan Abidi/Files

NEW DELHI/SINGAPORE (Reuters) - Indian Oil Corp bought a liquefied natural gas (LNG) cargo for delivery in November, three industry sources said.

It bought the cargo from Shell at about $4.75 per million British thermal units (mmBtu) for the cargo to be delivered into Dahej on Nov. 12, two of the sources said.

Reporting by Nidhi Verma and Jessica Jaganathan; Editing by Alex Richardson

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