Bulletin Updates

GAIL lost money in selling HH gas at spot LNG: Will it make money this year? – 11 Jun 2021

Jun 11, 2021

There is a comprehensive argument being made that because of delay in the start-up of fertilizer plants, GAIL may have to sell a significant number of cargoes at spot LNG

Last year it lost money doing do, will this year be different

Spot prices have gone up so GAIL is expected to make money, it seems

Also, GAIL is commissioning 94 msmcmd of pipeline capacity between December, 2021 and March 2023 (get the details here)

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