GAIL Explores Major LNG Import Deal from Alaska Project.

State-run GAIL (India) Limited is in preliminary discussions to secure a long-term supply of liquefied natural gas (LNG) from the proposed Alaska LNG project. This move comes as India aggressively expands its LNG import capacity to meet burgeoning energy demands, according to three industry sources familiar with the matter.

The talks with project developer Glenfarne are also set against the backdrop of India's broader efforts to increase its energy imports from the United States. This strategy aims to help narrow the trade surplus with the US, a key component of a trade agreement with Washington designed to avert the imposition of significant US tariffs.

Sources indicate that while discussions are underway, they remain in the initial stages. A crucial determinant for any potential deal will be the landed cost of the LNG, which will heavily influence GAIL's final decision.