GAIL's 12 LNG cargoes a year deal with Qatar Energy starts next monthGAIL (India) Ltd will begin receiving LNG from Qatar Energy Trading under a five-year deal, starting in April 2025, with 12 cargoes per yea...
30 Mar, 2025, 11.05 AM IST
Delhi HC upholds order directing GAIL to pay $7.2 mn to Jindal SawThe Delhi High Court has ruled in favor of Jindal Saw Ltd in a long-standing dispute with GAIL (India). The court upheld a 2002 arbitration...
15 Nov, 2024, 12.25 AM IST
Lower gas prices to push up India's FY24 gas demand by 7%: GAIL ChairIndian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resu...
18 May, 2023, 09.07 PM IST
Power ministry to float tender to buy 4,000 MW gas-based electricityThe ministry will appoint NTPC Vidyut Vyapar Nigam Ltd (NVVN) as the agency to facilitate the purchase from the companies and sale in the m...
04 Mar, 2023, 12.38 AM IST
GAIL faces profit hit over gas supply cut, says finance chiefGAIL, India's largest gas distributor and operator of pipelines, imports 14 million tonnes per annum (mtpa) of liquefied natural gas (LNG) ...
04 Aug, 2022, 07.59 PM IST
India buyers grab discounted Russia LNG shunned by rest of worldCompanies including Gujarat State Petroleum Corp. and GAIL India Ltd. recently bought several LNG spot shipments from Russia at prices belo...
09 May, 2022, 03.30 PM IST
India turns to expensive foreign gas to ease its power crisisThe purchases are unusual for India’s cost-sensitive power generators, which tend to avoid buying LNG at such high rates. They illustrate h...
05 May, 2022, 05.53 PM IST
Two state refiners to buy Sakhalin-1 oilONGC Videsh, overseas arm of the state-run explorer, has a 20% stake in the Sakhalin-1 project in Siberia and is responsible for sale of it...
30 Mar, 2022, 10.33 AM IST
GAIL looks to bring India's first electrolyser, may hire ship to ferry LNG from USGAIL chairman and managing director Manoj Jain said his company had launched a global tender to procure a 10-megawatt electrolyser capable ...
14 Dec, 2021, 05.25 PM IST
'India First' policy shuts China bidders out of Gail pipeline projects worth Rs 3,000 croreIndian steel firms are poised to win orders worth tens of billions of dollars without losing business to Chinese supplies which they find s...
06 Jun, 2017, 08.07 AM IST
GAIL places Rs 305 crore order for steel pipesGAIL Chairman and MD BC Tripathi said the sections for which pipeline procurement have been placed are being taken up for revival of shut f...
10 Aug, 2016, 08.17 PM IST
GAIL India to swap US LNGGAIL India Ltd will swap one-third of the liquefied natural gas (LNG) it has contracted from the US with a gas seller nearer to the country...
21 Apr, 2016, 01.16 PM IST
Government to give priority to locally made goods in oil PSU tendersThe Petroleum Ministry today proposed to give preference to locally manufactured goods and services in the Rs 90,000-crore of tenders issue...
27 Jan, 2016, 09.18 PM IST
GAIL re-floats $7 billion tender to hire LNG shipsGAIL re-floated the tender for charter hiring of 9 ships quoted in 3 lots of three ships each. One ship in each lot is be built at an India...
17 Sep, 2015, 01.58 PM IST
GAIL India to swap US LNG, issue tender next monthTo overcome this, GAIL plans to swap 1-2 million tonnes per annum of LNG from the US with a seller in Africa, the Middle East or Asia-Pacif...
17 Jul, 2015, 02.23 PM IST
GAIL to offer foreign shipbuilders five years for making LNG carriersGAIL is insisting foreign shipbuilders to build in India at least a third of the 11 LNG carriers it plans to charter for about 20 years beg...
07 Jul, 2015, 06.27 AM IST
- NTPC buys LNG at $12.27 per mBtu to meet gas needs
State-run NTPC Ltd has purchased spot cargoes of liquefied natural gas for as high as 12.27 dollars per million British thermal unit this f...
29 Jan, 2007, 04.50 PM IST