GAIL inks 10-year LNG deal with trading company Vitol - Times of India

[ad_1]
NEW DELHI: GAIL has inked a multibillion dollar deal for sourcing one million tonne of LNG annually for 10 years from commodities trading giant Vitol, marking the state-run utility's first long-term deal in a decade amid rising domestic demand. Vitol will start shipping super-chilled gas from 2026, even as GAIL is negotiating more such deals with others in view of a projected demand of 500 mcmd by 2030 from 155 at present.
[ad_2] Source link https://worldnews2023.com/business/gail-inks-10-year-lng-deal-with-trading-company-vitol-times-of-india/?feed_id=275607&_unique_id=65d15804a9417

Comments

Post a Comment

Popular posts from this blog

Real Housewives of Beverly Hills couple Kyle Richards and Mauricio Umansky ‘seperate’

Image
[ad_1] Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter Real Housewives of Beverly Hills ’ Kyle Richards and Mauricio Umansky have reportedly separated after 27 years of marriage. Richards joined the popular Bravo reality series in 2010 with Umansky making regular appearances over the last 13 years. “Kyle and Mauricio have been separated for a while now but are still living under the same roof. They remain amicable as they figure out what’s next for them and their family,” a source confirmed to People on Monday (3 July). The separation will affect both Real Housewives , which is gearing up for its 13th season, and the Netflix reality series Buying Beverly Hills, which follows Umansky’s real estate business as two of their daughters work as agents. Richards has already filmed the second season of the Netflix show, according to Deadline . The I
Read more

Dachshunds and Danes! How the stars are celebrating Christmas this year

Image
[ad_1] Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter I t’s the most wonderful time of the year – after weeks of anticipation and last-minute shopping, finally, Christmas is here. While we’re all at home inhaling our billionth mince pie and checking the fine print on the gift receipt that came with that novelty mug, it’s tempting to imagine how the other half are spending their holidays. This festive season, though, our celebrity friends are ditching the ski chalets in St Moritz and swim-up bars in Bora Bora for more understated affairs. You’ll find them sitting around the fire, spoiling their furry friends, watching Home Alone on repeat, and guzzling wine by the bottle. Stars… they’re just like us. Suranne Jones, star of TV shows ‘Vigil’ and ‘Doctor Foster’ Anything to do with Christmas I f***ing love. I love it. I love it. I love it. I alwa
Read more

HDFC Bank Records 15.8% Loan Growth In Q1

Image
[ad_1] On July 1, HDFC Ltd merged with HDFC Bank, creating the biggest private sector lender. New Delhi: Private sector lender HDFC Bank on Wednesday said it has registered a 15.8 per cent rise in loans to Rs 16,15,500 crore in the first quarter of current fiscal year. The credit book was Rs 13,95,000 crore as of June 30 last year. Gross transfers through inter-bank participation certificates and bills rediscounted, the bank's advances grew 20.2 per cent over June 30, 2022, HDFC Bank said in a regulatory filing. The bank's deposits aggregated to approximately Rs 19,13,000 crore as of June 30, 2023, a growth of around 19.2 per cent over Rs 16,05,000 crore as of June 30 last year, it added. During April-June 2022, the bank purchased loans aggregating Rs 11,632 crore through the direct assignment route under the home loan arrangement with parent Housing Development Finance Corporation (HDFC) Ltd, it said. On July 1, HDFC Ltd merged with HDFC Bank, creating the biggest private
Read more