Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: GlobalData
$125.00
Provider: Wright Reports
$75.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

GAIL (India) Ltd Plans Foray Into LNG Shipping-Business Line


Monday, 27 May 2013 08:00pm EDT 

Business Line reported that GAIL (India) Ltd said it targets to foray into liquefied natural gas (LNG) shipping business post 2017. In July, the public sector company plans to invite expressions of interest (EoI). B.C. Tripathi, Chairman and Managing Director of India‚Äôs natural gas distributor said that around seven-eight LNG carriers would be available with the Company in the next three-four years on a long term charter or ownership basis. However, till 2017, GAIL would depend on spots cargoes on delivery basis. GAIL has signed long term agreements for 3.5 million tonnes per annum with US based Sabine Pass Liquefaction Company that would start in 2017-2018. The Company has also signed long term deal with Gazprom for 2.5 million tonnes a year from 2018-2019. 

Company Quote

435.0
1.0 +0.23%
19 Dec 2014