GAIL (India) Limited has signed a Memorandum of Understanding (MoU) with Shell Energy India Private Limited to explore opportunities in different facets of energy value chain. For GAIL, this is a step towards achieving improved sustenance in business operations.
In a bid towards diversification of the feedstock for its petrochemical plant, GAIL is looking to import ethane from ethane-surplus countries with matured export terminal infrastructure through water borne transportation to India and transport it further through GAIL’s pipeline systems to demand centres.
The MoU envisages to explore prospects in import and handling of different hydrocarbons which are important chemical and petrochemical precursors, LNG for road transport, regasification of imported LNG, renewables, etc.
GAIL (India) Limited is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc. GAIL is also expanding its presence in renewable energy like Solar, Wind and Biofuel.
In December last year, a tender for the installation of a 600 Megawatt (MW) solar photovoltaic (PV) project at Khavda Ultra Mega Solar Park in Gujarat’s Kutch area has been issued by GAIL India Ltd.
Abu Dhabi National Oil Company (ADNOC) and GAIL (India) Limited signed a Memorandum of Understanding to explore joint collaboration and investment opportunities in both energy and renewables to be reviewed.
In the month of November 2022, Abu Dhabi National Oil Company (ADNOC) and GAIL (India) Limited had signed a Memorandum of Understanding to explore joint collaboration and investment opportunities in both energy and renewables energy sector. The agreement also includes potential optimization of LNG trading activities, the review of joint equity investments in renewables and the monitoring of greenhouse gasses for LNG cargoes, to support low carbon LNG supplies.
