NEW DELHI: Gas utility GAIL on Monday signed an settlement with UAE’s nationwide oil firm Adnoc for sourcing half 1,000,000 tonne of liquefied pure gas yearly, marking the state-run utility’s second time period deal this month to tie up whole provides valued at about $7 billion.
Adnoc will begin provides from 2026 for 10 years. On January 5, GAIL had tied up a 10-year LNG provide deal of 1 million tonne yearly with Dutch dealer Vitol.
Adnoc will begin provides from 2026 for 10 years. On January 5, GAIL had tied up a 10-year LNG provide deal of 1 million tonne yearly with Dutch dealer Vitol.
