Deepak Fertilisers and Petrochemicals Corporation's material subsidiary -- Performance Chemiserve has signed two Gas Purchase agreements with GAIL (India). With these agreements, Company’s total Gas requirements for the next three years have been tied up with a gas basket consisting of a combination of Brent, HH & domestic linked, to give a risk-mitigated basket.
The HH index linked contract is for supply of 10.15 million MMBTU of Natural Gas (NG) over an approximately 3 years period. The gas contract is for the supply of 5.82 million MMBTU of Natural Gas (NG) over an approximately 3-year period.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.
