Gail (India) has shown an interest in buying a stake in Gazprom’s proposed Vladivostok LNG export project in Russia.

The state-owned utility is prepared to buy up to half of the 10 million tonnes per annum to be produced at the plant in exchange for the shareholding position, according to Indian press.

Gail, which has already inked a preliminary deal to buy volumes from the Gazprom-led Shtokman project in the Barents Sea, could not be reached for comment.

The