India’s biggest natural gas transporter Gail India on Wednesday said it plans to set up an LNG trading desk in Singapore. The company has reported lowest growth in
State-owned Gail India today reported a 11 per cent rise in net profit at Rs 985 crore for the April-June quarter over the same period a year ago, as the
Gail (India) on Saturday unveiled a 218 km Chainsa-Sultanpur–Neemrana pipeline. The pipeline cost the company Rs 710 crore.
The government today permitted ONGC and GAIL to pick 12.5 per cent stake in a pipeline that China is building in Myanmar, and allowed them to invest $1 billion more in fields that will provide gas to be shipped to China through the pipeline.
Shares of oil companies today rose up to 4 per cent on the Bombay Stock Exchange after a report by an expert panel which suggested freeing fuel prices.
Gail Gas Ltd today said its parent company GAIL India would give Rs 500 crore for funding its four ongoing city gas projects in the country.
Gail India today reported a 26.87 per cent decline in its net profit.
GAIL India will see savings in project cost because of falling steel prices.
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