Epic Research Update : GAIL

GAIL has signed a Memorandum of Understanding (MoU) with Chubu Electric Power, Japan (Chubu) on March 21, 2014. Under the MoU, GAIL and Chuha shall mainly explore possibilities for collaboration in the area of joint LNG procurement. Besides, the two companies will also seek to collaborate on shipping optimization. This MoU with Chuha is yet another effort by GAIL towards bridging the gap in dancer supply of natural gas in the Indian market.

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