GAIL to sell stake in China Gas Holdings

Last Updated: Tuesday, April 16, 2013, 16:28

State-owned gas utility GAIL India Ltd plans to sell part of its 4.6 percent stake in Hong Kong-listed, city gas distribution firm, China Gas Holdings.

GAIL commissions Rs 4,500 cr Dabhol-Bengaluru gas pipeline

Last Updated: Monday, February 18, 2013, 16:03

"With gas coming in, the devil of pollution will disappear from the City of Gardens," Oil Minister M Veerappa Moily said after inaugurating the pipeline.

GAIL Q3 net profit rises 18% to Rs 1,285 crore

Last Updated: Friday, February 15, 2013, 18:04

State-owned gas utility GAIL (India) Ltd on Friday reported an 18 percent rise in the December quarter net profit at Rs 1,285 crore on the back of higher revenues from gas trading.

GAIL to spend $1 bn in shale gas asset acquisition in US

Last Updated: Friday, February 1, 2013, 21:31

State-owned gas utility GAIL India Ltd Friday said it will spend over USD 1 billion in buying US shale gas assets, some of which may be in through a new gas sourcing joint venture it is discussing with French energy trader EDF Trading.

Gail plans Rs 9,000 crore capex in FY 2014

Last Updated: Sunday, January 13, 2013, 14:19

The allocation will be utilised for the ongoing projects," Gail India Chairman and Managing Director B C Tripathi told reporters here.

GAIL India commissions LNG terminal at Dabhol

Last Updated: Thursday, January 10, 2013, 17:59

State-owned gas utility GAIL India Ltd Thursday announced commissioning of the 5 million tonnes a year LNG (liquefied natural gas) terminal at Dabhol in Maharashtra.

GAIL to get Dabhol commissioning cargo on Dec 28

Last Updated: Sunday, December 23, 2012, 22:38

State gas utility GAIL India Ltd will this week import a shipload of natural gas in its liquid form, called liquefied natural gas (LNG), for commissioning of the beleaguered Dabhol facility in Maharashtra.

GAIL evaluating stake buy in Mukesh Ambani's RGTIL

Last Updated: Saturday, October 27, 2012, 00:05

State-owned gas utility GAIL India Ltd is evaluating buying stake in Mukesh Ambani's privately owned Reliance Gas Transportation Infrastructure Ltd (RGTIL).

GAIL Q2 profit slips 10% on rise in LPG subsidy outgo

Last Updated: Friday, October 26, 2012, 16:34

Net profit for the quarter was Rs 984 crore, 10 percent lower than Rs 1,094 crore in the same period last fiscal, GAIL Chairman and Managing Director B C Tripathi told reporters here.

GAIL signs 20-year deal to buy LNG from Russia’s Gazprom

Last Updated: Monday, October 1, 2012, 18:14

State-owned gas utility GAIL India Ltd on Monday said it has signed an agreement with Russia's Gazprom to buy 2.5 million tonnes per annum of gas for 20 years.

GAIL provided Rs 246 crore of undue benefit to private power companies: CAG

Last Updated: Tuesday, September 4, 2012, 14:58

The Comptroller and Auditor General (CAG) has pulled up gas utility GAIL India for giving over Rs 246 crore of undue benefit to private power producers by supplying natural gas at subsidised rates.

GAIL cuts stake in OPaL to 15.5%

Last Updated: Tuesday, August 21, 2012, 17:55

State-run gas utility GAIL India Ltd has cut its equity stake in ONGC's Dahej mega petrochemical project to 15.5 percent after project cost further escalated by 9.5 percent.