Latest News for GAILF
Indian gas firm GAIL (India) plans to borrow 50-60 billion rupees ($539 million-$647 million) in financial year 2027, and recently bought three spot LNG cargoes to make up for shortages caused by the Iran war, Director Finance Rakesh Jain told reporters at an industry event on Thursday.
Indian gas firm GAIL has bought an Omani liquefied natural gas cargo as the South Asian nation attempts to meet its natural gas demand, three trade sources said.
India's largest gas distributor, GAIL, has issued a tender seeking a cargo of liquefied natural gas (LNG) for delivery in March, as the conflict in the Middle East curtailed shipping and halted Qatari output.
India's GAIL (India) said on Thursday it will assess curbing supplies to natural gas customers after a force majeure notice from long-term supplier Petronet LNG over constraints on vessels as conflict escalates in the Middle East.
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