Three bids are on the table at Gail (India) for a consultant to map out the shipping strategy to transport its 3.5 million tonnes per annum of recently booked US volumes.

RINA Services and DNV Energy, respectively arms of Italian and Norwegian classification societies, have lodged technical bids for a study to establish how best to build up a fleet.

Global consultancy Booz & Company is the third player to make this week’s cut-off date.

A Gail official said a bid evaluation process has begun and it expects to get back to the interested parties next week to seek any clarifications or additional requirements.

“Once that process is complete there will be the qualification of the technical bids and then we will ask for...