GAIL India wants Petronet LNG to renegotiate the pricing agreement it signed for importing LNG from Australia's Gorgon project. Petronet LNG signed the agreement in August 2009
and under this, the company would import 1.44 million tonne per annum of liquefied natural gas (LNG) at a
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GAIL wants Petronet to renegotiate price of Aussie gas
Petronet considering GAIL proposal to renegotiate deal
Petronet LNG is said to be considering the proposal to renegotiate the Sale Purchase Agreement for natural gas it decided to source from Gorgon in Australia. GAIL India recently suggested Petronet to renegotiate the contract the latter entered into in August 2009 with Australia on grounds that the scenario changed worldwide since then