GAIL inks gas deal with Adnoc – Times of India



NEW DELHI: Gas utility GAIL on Monday signed an agreement with UAE’s national oil company Adnoc for sourcing half a million tonne of liquefied natural gas annually, marking the state-run utility’s second term deal this month to tie up total supplies valued at about $7 billion.
Adnoc will start supplies from 2026 for 10 years. On January 5, GAIL had tied up a 10-year LNG supply deal of one million tonne annually with Dutch trader Vitol.



Leave a Reply

Your email address will not be published. Required fields are marked *