GAIL has signed a Memorandum of Understanding (MoU) with Chubu Electric Power Co Japan for exploring the possibilities of collaboration in joint LNG procurement. Chubu and GAIL are large LNG importers having considerable synergy between their LNG business profiles.
Tag: GAIL
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GAIL signs US deal to source LNG
For bringing in close to six million tonne of LNG every year over a 20-year period beginning 2016-17, GAIL (India) has entered into a $60-billion (about Rs 3.80 lakh crore) deal with two US-based companies. GAIL is the first Asian company to buy LNG from the US.
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GAIL’s wind power plans
GAIL (India) is planning to set up wind power projects with an aggregate capacity of 100 MW in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan, Karnataka and Andhra Pradesh.
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India in talks with Pak to export natural gas via pipeline
To export natural gas to Pakistan through a pipeline from its Punjab state, India is in talks with the neighbouring country to help it overcome crippling energy shortage. India's State gas utility GAIL has proposed to lay a 110-km pipeline from Jalandhar to Wagah border via Amritsar to supply natural gas to Pakistan, GAIL Chairman and Managing Director BC Tripathi has said.
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GAIL looks to buy 13 LNG cargoes in FY13
GAIL Chairman BC Tripathi said on July 25 that the company needs to buy 13 cargoes this fiscal year to March out of its planned 34. GAIL received 7 cargoes in the first quarter of the fiscal year, Tripathi said. He added that contracts for 21 cargoes have already been finalised.
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Petronet plans to operationalise phase I of terminal project by Aug
According to media reports, Petronet LNG may operationalise its Phase-I of the natural gas terminal at Kochi by the end of August 2013. The company, which initially planned to commission the project during March 2013, faced several roadblocks.
Work on the project in the southern end of Vypin island
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GAIL plant does not receive gas from KG-D6
Liquefied Petroleum Gas (LPG) plants of GAIL has reportedly stopped receiving natural gas from Reliance Industries' KG-D6 block because of falling output in the area. Supply to the plant was stopped because gas output at KG-D6 declined to just over 14 mmscmd which is enough to met the requirement of fertiliser plants. Fertiliser plants are given top priority in gas supplies
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Petronet considering GAIL proposal to renegotiate deal
Petronet LNG is said to be considering the proposal to renegotiate the Sale Purchase Agreement for natural gas it decided to source from Gorgon in Australia. GAIL India recently suggested Petronet to renegotiate the contract the latter entered into in August 2009 with Australia on grounds that the scenario changed worldwide since then
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GAIL gets interim relief from HC order
In an interim relief to Gas Authority of India (GAIL), the Madras High Court stayed an order passed by the Tamil Nadu government for removal of pipelines laid by the gas utility major in farm lands in the state. GAIL was laying pipeline in some farm areas of Tamil Nadu as part of its Kochi-Bangalore pipeline project. However, farmers raised objection to the project in the state and this prompted the state government to disallow the project
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Govt to prepare scheme for piped gas supply
Madhya Pradesh government would prepare a scheme in association with GAIL to start the supply of piped domestic gas to the residents of Bhopal-Mandideep. Recently, the state urban administration and development Minister Babulal Gaur discussed this project with the officials of GAIL. Bhopal city Mayor Krish