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GAIL cuts gas supply by 40% to customers amid fire at ONGC plant

24 Sep 2020 Evaluate

GAIL (India) has cut supplies by about 40 percent to customers, mainly power and fertiliser companies after a pipeline rupture led to a fire in an Oil and Natural Gas Corp (ONGC) plant. GAIL supplies about 60 million standard cubic meters of gas through its northwestern pipeline grid to customers in the states of Gujarat, Uttar Pradesh, Madhya Pradesh, Rajasthan and Goa.

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.

Peers
Company Name CMP
GAIL (India) 186.00
Gujarat Energy 221.40
Indraprastha Gas 136.75
Mahanagar Gas 1058.10
Adani Total Gas 570.05
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