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

[ad_1] 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 […]

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

[ad_1] 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 […]

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