GAIL (India) will import about 5 million tonnes (MT) of LNG from the US next fiscal, replacing the volumes the state-owned utility buys from the spot market. The company has contracted 5.8 MT per annum of liquefied natural gas (LNG) from the US, some of which it has swapped - either by exchanging the gas with someone having it nearer to India or by time-swapping it.
GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.
| Company Name | CMP |
|---|---|
| GAIL India | 166.50 |
| Gujarat Gas | 396.55 |
| Indraprastha Gas | 166.25 |
| Mahanagar Gas | 1171.95 |
| Adani Total Gas | 633.70 |
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