SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gail India inks gas sales and purchase agreement with Turkmenistan

25 May 2012 Evaluate

Gail India has inked gas sales and purchase agreement (GSPA) with Turkmenistan to be transported through the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline. The gas source for the pipeline would be Galkynysh (formerly Osman-Yolotan) in Turkmenistan which is estimated to have gas reserves of 13-21 TCM (Best estimates of 16 TCM). The pipeline will be built at an estimated investment of $7.6 billion approx.

The 1680 km, 56 inch diameter pipeline will originate at South Yolotan-Osman in Turkmenistan and will go across 145 km in Turkmenistan, 735 km in Afghanistan and 800 km in Pakistan before entering India at Fazilka in Punjab. Turkmenistan would be exporting 90 mmscmd through this pipeline of which 14 mmscmd would be taken by Afghanistan and 38 mmscmd each by India and Pakistan.

GAIL (India) is the largest natural gas transmission company in India, with interests in transmission, distribution, processing, and downstream petrochemicals. GAIL operates over 8,600 kilometres of natural gas pipeline, accounting for approximately 74% of all gas transmitted in India.

GAIL India Share Price

163.75 -0.75 (-0.46%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 163.75
Gujarat Gas 388.15
Indraprastha Gas 166.15
Mahanagar Gas 1133.45
Adani Total Gas 647.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×