Stepping up the momentum for construction of the Jagdishpur-Haldia and Bokaro-Dhamra natural gas pipeline (JHBDPL) and Barauni – Guwahati Pipeline (BGPL) pipeline, GAIL (India) has winded up finalising awards for Rs 10,500 crore contracts for pipe supply and laying of the integrated 3,400 km-long proj
GAIL (India) is currently trading at Rs. 341.90, up by 1.05 points or 0.31% from its previous closing of Rs. 340.85 on the BSE. The scrip opened at Rs. 340.00 and has touched a high and low of Rs. 342.75 and Rs. 339.25 respectively. So far 10488 shares were traded on the counter.
GSPC LNG, the trading arm of Gujarat State Petroleum Corp (GSPC) group is likely to face stiff competition from India’s largest natural gas marketer GAIL (India) that is looking to enter Morbi for selling natural gas.
GAIL India has offered a cargo of liquefied natural gas (LNG) for loading from the Cove Point plant in the United States in May, two industry sources said on Monday.
Full storage tanks of liquified natural gas (LNG) in India have prompted Gail India to sell a US cargo bound for the Asian nation to northwest Europe, industry sources said on Wednesday.
India’s state-owned oil marketing companies (OMCs) will have more expertise than GAIL in operating the retail-oriented business model required under the city-gas distribution (CGD) rights but GAIL would benefit more from the rising transmission volumes, said research and ratings agency Fitch Ratings.
Gail India called on U.S. liquefied natural gas (LNG) producers to offer more flexibility contract terms as the state-owned gas distribution gas company hunts for supplies from the middle of the next decade
As part of its major expansion plans, Gail Gas Limited, a wholly owned subsidiary of Gail (India) limited will set up 41 CNG stations and will supply gas to 2,20,000 households with Piped Natural Gas (PNG) over a period of eight years.
The Gail Gas Limited, a 100 per cent subsidiary of GAIL, on Thursday announced investment of Rs 1,200 crore in adjoining Seraikela-Kharswan district for construction of a network to provide piped natural gas to 2.20 lakh households and building 41 compressed natural gas (CNG) stations within the next eight years.
The city gas distribution (CGD) projects in Jharkhand’s Seraikela-Kharswan and West Singhbhum districts are worth around Rs 1,200 crore, a senior official of Gail Gas Limited said here on Thursday.
