Adani, GAIL Ink Pact For Regasification Service

Adani, GAIL Ink Pact For Regasification Service

The Adani Ports and Special Economic Zone (APSEZ) signed a long-term agreement with the GAIL (India) Ltd to provide Liquefied Natural Gas (LNG) re-gasification services on a use or pay basis to the GAIL’s upcoming LNG import terminal at Dhamra.

Now, GAIL To Hive Off Its Transportation Business

Now, GAIL To Hive Off Its Transportation Business

State-run GAIL will not be split but will have to hive off its transportation business into a subsidiary to reduce the conflict of interest that arises with the same entity housing both the functions of marketing and transport of natural gas, according to people familiar with the plans of the oil ministry.