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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