GAIL and Alpha Gas Sign Long-Term LNG Carrier Charter Agreement
OIL & GAS

GAIL and Alpha Gas Sign Long-Term LNG Carrier Charter Agreement

GAIL (India), a Maharatna Public Sector Undertaking, has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier “Energy Fidelity.” The agreement was signed between GAIL and Pantheon Maritime Services Private Limited, an affiliate of Alpha Gas based in Singapore.

The agreement was formalized by Shri S Bairagi, Executive Director (Mktg. - Shipping & International LNG) of GAIL, and Ms. Anna Angelicoussis, Owner of Alpha Gas, at the Alpha Gas headquarters in Athens.

The “Energy Fidelity,” with a cargo capacity of 174,000 cubic meters, is equipped with a state-of-the-art two-stroke propulsion system, advanced air lubrication technology, and shaft generators. These features significantly enhance fuel efficiency and reduce emissions. This milestone agreement aligns with GAIL’s commitment to the ‘Maritime Amrit Kaal Vision 2047’ and strengthens India’s maritime infrastructure and energy supply chain capabilities.

GAIL (India), a Maharatna Public Sector Undertaking, has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier “Energy Fidelity.” The agreement was signed between GAIL and Pantheon Maritime Services Private Limited, an affiliate of Alpha Gas based in Singapore.The agreement was formalized by Shri S Bairagi, Executive Director (Mktg. - Shipping & International LNG) of GAIL, and Ms. Anna Angelicoussis, Owner of Alpha Gas, at the Alpha Gas headquarters in Athens.The “Energy Fidelity,” with a cargo capacity of 174,000 cubic meters, is equipped with a state-of-the-art two-stroke propulsion system, advanced air lubrication technology, and shaft generators. These features significantly enhance fuel efficiency and reduce emissions. This milestone agreement aligns with GAIL’s commitment to the ‘Maritime Amrit Kaal Vision 2047’ and strengthens India’s maritime infrastructure and energy supply chain capabilities.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code