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

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) 168.25
Gujarat Energy 222.70
Indraprastha Gas 143.00
Mahanagar Gas 1053.25
Adani Total Gas 579.55
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