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GAIL, ONGC, SEI to explore opportunities for import of ethane, other hydrocarbons

07 Mar 2024 Evaluate

GAIL (India), Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) have signed a tripartite Memorandum of Understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal, Hazira.

Earlier, GAIL had entered into a bilateral MoU with SEI for scouting opportunities in different facets of energy cooperation, wherein a feasibility study was conducted by a reputed consultant on developing ethane import infrastructure in the existing SEI terminal at Hazira. ONGC has a bilateral MoU with GAIL for, inter alia, importing and handling of hydrocarbon. In view of the emergence of ethane requirement in India and proposed development of ethane infrastructure, the three parties ONGC, GAIL and SEI have joined hands.

This MoU inter-alia includes cooperation with clear focus for developing ethane import facilities after gap assessment in existing Shell Hazira Terminal facilities and usage of existing pipeline routes and facilities. The MoU signed envisages to foster efficiency and swift progress of the shared project by leveraging the combined strengths of all three parties. The move coincides with the objective towards assessment of existing operational infrastructure, ensuring its sufficiency, operational flexibility and effective management of upstream and downstream uncertainties.

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. 


GAIL India Share Price

162.50 -4.00 (-2.40%)
11-May-2026 16:59 View Price Chart
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Company Name CMP
GAIL India 162.50
Gujarat Gas 381.10
Indraprastha Gas 160.70
Mahanagar Gas 1106.55
Adani Total Gas 620.95
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