Epic Research Update : GAIL India

GAIL India, the state-owned gas utility will import 1.5 million tonnes (MT) of liquefied natural gas (LNG) via term contracts and buy 30 to 35 spot cargoes of nearly 2 MT during 2014-2015. The company has already started discussions with potential buyers for LNG from the US and is prioritizing buyers from the fertilizer and power sectors.

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