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GAIL (India) enters into charter party agreement with Alpha Gas

07 Apr 2026 Evaluate

GAIL (India) has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier ‘Energy Fidelity’. The charter party agreement was executed between GAIL and Pantheon Maritime Services, a Singapore based affiliate of Alpha Gas.

The LNG carrier ‘Energy Fidelity’, with a cargo capacity of 174,000 cubic meters, is equipped with a state-of-the-art two-stroke propulsion system, complemented by advanced air lubrication technology and shaft generators, collectively enhancing fuel efficiency and significantly reducing emissions. The charter party agreement marks a key milestone for GAIL (India) under the ‘Maritime Amrit Kaal Vision 2047’, further strengthening India’s maritime infrastructure and energy supply chain capabilities. 

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

164.50 1.10 (0.67%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 164.50
Gujarat Gas 389.95
Indraprastha Gas 166.95
Mahanagar Gas 1133.85
Adani Total Gas 643.35
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