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GAIL India acquires two LNG cargoes: Report

11 Aug 2015 Evaluate

GAIL India has reportedly purchased two liquefied natural gas (LNG) cargoes for delivery in September following a recent tender. In July, the company had launched a tender to buy two LNG cargoes for prompt delivery, linked to demand for gas by various local fertiliser companies.

GAIL is India’s flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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