Shell-GDF to acquire 26% stake each in GAIL LNG terminal
OIL & GAS

Shell-GDF to acquire 26% stake each in GAIL LNG terminal

Oil firm Shell and GDF Suez will acquire 26 per cent stake each in GAIL India Ltd-Æs proposed floating LNG import terminal at Kakinada in Andhra Pradesh, while Andhra Pradesh Gas Distribution Corp (APGDC) - a JV of GAIL Gas and Andhra Pradesh Gas Infrastructure Corp (APGIC), will hold the remaining 48 per cent. Andhra Pradesh Government is pushing for an early start of work on the 3.5 mtpa floating storage and regasification unit (FSRU) off the Kakinada coast.

Contact: GAIL India.
Tel: 011-2617 2580.
Website: www.gailonline.com

Oil firm Shell and GDF Suez will acquire 26 per cent stake each in GAIL India Ltd-Æs proposed floating LNG import terminal at Kakinada in Andhra Pradesh, while Andhra Pradesh Gas Distribution Corp (APGDC) - a JV of GAIL Gas and Andhra Pradesh Gas Infrastructure Corp (APGIC), will hold the remaining 48 per cent. Andhra Pradesh Government is pushing for an early start of work on the 3.5 mtpa floating storage and regasification unit (FSRU) off the Kakinada coast. Contact: GAIL India. Tel: 011-2617 2580. Website: www.gailonline.com

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement