GAIL (India) inks long term LNG deal with Vitol Asia

GAIL (India) Ltd. | Gas Transmission/Marketing | Oil & Gas | BSE: 532155 | NSE: GAIL

05 Jan 2024 Evaluate

GAIL (India) has signed a Long Term Liquefied Natural Gas (LNG) deal with Vitol Asia Pte in India for a supply of around one million metric tons of LNG per annum for a period of about 10 years, commencing 2026. Under this deal, Vitol will deliver LNG from its global LNG portfolio to GAIL in India on a pan-India basis.

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)	172.00
Gujarat Energy	235.40
Indraprastha Gas	143.35
Mahanagar Gas	1047.60
Adani Total Gas	594.65
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