GAIL (India) Limited

GAIL signs 10-year agreement with ADNOC Gas for delivery of upto 0.52 MMTPA LNG GAIL (India) Limited today signed a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG), starting in 2026. This is the first SPA of ADNOC Gas with an Indian buyer. The LNG will be delivered in six cargoes per year from ADNOC Gas’ Das Island natural gas facility, which has an LNG processing capacity of 6.0 MMTPA. It is the third longest established LNG plant still in production globally. Mr. Sanjay Kumar, Director (Marketing), GAIL said: “India is witnessing a growing demand for LNG to meet its increasing natural gas demand in a diversified sectoral pattern. GAIL plans to significantly increase its term LNG portfolio in the coming years to meet this rising demand. This SPA with ADNOC Gas is a crucial step in this direction, enabling GAIL to augment its existing LNG portfolio to better serve its diverse consumer base.” Mr. Rashid Khalfan Al Mazrouei, ADNOC Gas Senior Vice President, Marketing, said: “This agreement strengthens ADNOC Gas’ role as a reliable and responsible global natural gas provider and reflects our ambition to capture future growth opportunities in gas demand. It also reinforces our position as a preferred partner for energy solutions in India. "Global LNG demand is expected to rise by 15% over the next decade, driven by industrial coal-to-gas switching in China and the increased use of LNG for power generation across Southern and Southeast Asia. We are committed to more than doubling our LNG production capacity as part of our strategy to capture a larger share of the growing global demand for lower carbon intensity products like ours.” In 2023, India ranked as the fourth-largest importer of LNG globally, with expectations for further growth in LNG imports over the next decade. India aims to increase the share of natural gas in the country's total primary energy mix to 15 per cent by 2030, from about 6 per cent today. India's LNG regasification infrastructure has also enhanced to nearly double capacity last year, rising from 21 MMTPA in 2014. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #LNG #future #growth

GAIL, India’s leading Natural Gas Company, is on the lookout for talented and driven professionals to join our dynamic team. We invite applications from various disciplines at the E-5 grade level, offering an opportunity to contribute to India’s energy future. Fuel your career growth with India’s No. 1 Natural Gas Company to learn, grow & thrive. Visit our careers section by clicking the link below: https://lnkd.in/edMxj3C #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #naturalgas #professional #talented #opportunity #learn #grow #thrive

This Children's Day, let's nurture their curiosity, inspire their creativity, and empower them with education. For they are the leaders, innovators, and change-makers of tomorrow. Happy Children's Day. To know more: www.gailonline.com #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #childrenday #childrenday2024 #childrendaycelebration #childrendayspecial

Can you guess the financial year when our market cap first crossed ₹1 trillion? Share your answers in the comments. #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #marketcap #financialyear #comments #answers

Shri Rakesh Kumar Jain, Director (Finance), GAIL (India) Limited has been honoured as “Top 50 Visionary CFO in India” at the National Economic Growth Summit 2024 organised here today by Bharat 24 News. Shri Jain received the honour for his exceptional leadership and contributions to GAIL’s success over the years. Shri Jain is a Cost and Management Accountant by profession. He joined GAIL in 1992 as a Management Trainee and has been part of growth trajectory of the company. Shri Jain held the position of Executive Director (Finance & Accounts) in GAIL prior to his appointment as Director (Finance). Additionally, Shri Jain holds the position of Chairman in Indraprastha Gas Limited, GAIL Global (USA) Inc. & GAIL Global (USA) LNG LLC and Director in GAIL Gas Limited. Earlier he was on the Board of Bhagyanagar Gas Ltd., Bengal Gas Company Ltd., Ratnagiri Gas and Power Pvt. Ltd (RGPPL). As Executive Director (Finance & Accounts), Shri Jain headed Corporate Finance and Treasury section and was involved in mobilisation of funds from domestic and international markets and took investment decisions in large infrastructure projects. He was also actively involved in Investor relations and interactions with Analysts’ fraternity. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #CFO #honored

India is well on its way towards transforming into a gas based economy with key steps taken under the leadership of PM Narendra Modi Ji. Transformative & bold policy reforms by the Modi Govt has incentivized the producers of domestic gas to make additional investments in the upstream sector leading to increased production of natural gas. Since we import about 50% of our natural gas requirement, enhanced gas production within the country will reduce our import dependence & bolster our efforts towards sustainable, affordable, & secure energy future for Indian citizens. Modi Govt has implemented a series of reforms which have already begun to show early results. Gas production has increased by 18% last year & is projected to be 38.2 BCM, 40.9 BCM and 45.3 BCM respectively in the next three years till 2026. These reforms will also incentivize investment in India’s E&P sector by ensuring that gas production from new wells of nomination fields will receive 20% higher prices. This video anchored by journalist #KritiMishra for Sansad Tv succinctly sums up India’s journey towards being a gas based economy.

On World Transport Day, GAIL proudly reaffirms its commitment to sustainable transportation. Our CNG not only reduces emissions and minimizes pollution but is also economical. Together, we pave the way for cleaner roads and a brighter, greener tomorrow. To know more: www.gailonline.com #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #cng #economical #greener #transportation #worldtransportday #cleaner #loweremission

GAIL has taken a significant step towards a cleaner future by installing its first Green Hydrogen Plant. Can you guess its location? Share your answer in the comments. For more visit - www.gailonline.com #Gail #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #Hydrogen #CleanerFuture #installing

GAIL & Bajaj Auto Ltd. launched World’s first CNG Bike named as Bajaj Freedom 125 CNG Bike in Bhubaneswar on 06.11.2024 in the presence of ED (CGD), GAIL and company representatives of Bajaj Auto Ltd. GAIL, as part of its CNG promotional scheme, unveiled an offer of CNG coupons for free CNG filling up to 10 kg for the first 100 CNG bike customers in Khurda (Bhubaneswar) GA. These coupons can be redeemed at all GAIL company owned - company operated (COCO) stations in Khurda & Cuttack. The coupons were distributed by Shri H.K. Garg, ED (CGD), GAIL. The attendees at the launch were informed about the benefits of CNG over petrol bikes. The arrival of a new variant of CNG vehicles would promote the usage of CNG - the cleaner fuel. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #Gail #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #cng #worldfirst #promotional #Scheme #CleanerFuel

GAIL supplied nearly 43% of the gas consumed by India’s gas-based power plants in FY 2023-24. Our commitment to collaboration with power producers has facilitated the revival of stranded units, ensuring reliable power and supporting India’s growth story. For more visit - www.gailonline.com #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #gasbased #reliable #growth #collaboration #supporting