Report
GAIL India may acquire a minority stake in a US LNG export project
The Economic Times, citing industry executives, reports GAIL is in talks with three to four projects to secure long-term supplies.
TLDR
The Economic Times, citing industry executives, reports that GAIL India is in talks with three to four US liquefied natural gas (LNG) export projects and may acquire a minority stake in one. GAIL is seeking to diversify its supplies after disruptions around the Strait of Hormuz. The company said in its FY26 annual report that tensions there hit India’s LNG supplies.
Combined views
5.3K
1 Source, first seen ago