GAIL net profit falls 46 pc as Russian gas supply snag hurts petchem business

GAIL net profit falls 46 pc as Russian gas supply snag hurts petchem business

GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom GAIL said there was a disruption in liquefied natural gas (LNG) supplies by a former unit of Russia’s Gazprom State-owned gas utility GAIL (India) Ltd on Thursday reported a 46 per cent drop in its September […]

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India’s GAIL rationing gas as former Gazprom unit cuts supplies

India’s GAIL rationing gas as former Gazprom unit cuts supplies

India’s largest gas distributor GAIL (India) Ltd. has started gas rationing, cutting supplies to fertiliser and industrial clients after imports were hit under its deal with a former unit of Russian energy giant Gazprom, two sources familiar with the matter said. Lower gas supplies will affect impact India’s urea production, and a sustained cut would […]

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