GAIL India, the state-owned LNG importer and natural gas pipeline grid and city-gas operator, increased net profits though gas marketing earnings declined.
GAIL (India) Ltd, the shareholder in Petronet LNG and the operator of the Dabhol import terminal in the West Coast state of Maharashtra, signed a long-term supply deal with global commodities firm Vitol.
GAIL India Ltd., the state-owned LNG importer and natural gas pipeline grid and city-gas operator, reported a halving of net profits for the fiscal year as Russian LNG supplies resumed and it considered taking a stake in a US export project.
Gas Authority of India (GAIL), the LNG importer and natural gas pipeline grid and city-gas operator, reported a decline in net profits even as total revenues increased for the fiscal third quarter and the year to date.
Gas Authority of India, the grid and natural gas pipelines operator and the second-largest importer of LNG after Petronet, has just brought in a new Managing Director and Chairman at a time when Indian energy strategies are expected to be revised with a more urgent focus on natural gas.