Shipping Corporation of India (SCI) and GAIL (India) Limited are currently in discussion to forge a tie-up under which the latter will acquire nine liquefied natural gas (LNG) ships for almost $3 billion and the former will operate these, a senior
State-run gas utility GAIL India Ltd today said it has made available natural gas from alternate sources to industries in Gujarat whose domestic fuel allocation was snapped to give fuel for CNG sector.
In an initiative to benefit the ancient city of Varanasi that elected Prime Minister Narendra Modi to parliament, state-run gas utility GAIL Sunday said it will construct a natural gas pipeline between Jagdishpur in Uttar Pradesh and Haldia in West Bengal
The government has ordered state gas utility GAIL India Ltd to cut natural gas supplies of non- priority sectors like steel and petrochemicals so as to meet full requirement of CNG retailers like Indraprastha Gas Ltd.
In a setback to the petroleum ministry, gas utility GAIL and refiner Chennai Petroleum Corp Ltd (CPCL) have expressed their inability to deduct $115 million from the amount due to Reliance Industries (RIL) to make up for the additional profit petroleum
With LNG-vessel construction avenue opening up for the first time in India, Union government-owned Cochin Shipyard Ltd (CSL) has started discussion with global shipping lines to join hands for a bid for the GAIL contract for LNG (liquefied natural gas)
GAIL (India) has dipped nearly 5% to Rs 389, falling 7% from intra-day high on BSE, after reporting a 23% year on year (yoy) decline in net profit at Rs 621 crore for the quarter ended June 30, 2014 (Q1), due to lower operational income.
Officials of PSU gas major GAIL and multinational giant Shell called on Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday to apprise him of the need for removing roadblocks (if any) for fasttracking works on the proposed floating, storage and