GAIL to Receive LNG from Qatar Energy Starting April
OIL & GAS

GAIL to Receive LNG from Qatar Energy Starting April

State-owned gas utility GAIL (India) Ltd will begin receiving liquefied natural gas (LNG) from Qatar Energy Trading in April under a five-year agreement for 12 cargoes annually. The move aligns with India's strategy to expand its natural gas consumption to 15% of its energy mix by 2030, up from the current 6-7%.

GAIL Chairman & MD Sandeep Kumar Gupta confirmed the deliveries would start as per the December 2023 tender awarded to Qatar Energy Trading.

Apart from Qatar, GAIL has secured long-term LNG supply deals, including:

Vitol Asia: 1 million tonnes per year for 10 years starting 2026

ADNOC Gas (UAE): 0.5 million tonnes per year for 10 years from 2026

Other major Indian firms like Indian Oil Corporation (IOC) have also signed LNG agreements with ADNOC LNG (1.2 million tonnes annually for 14 years) and TotalEnergies (0.8 million tonnes annually for 10 years).

GAIL currently manages an LNG portfolio of 14 million tonnes per annum and plans to secure an additional 7-8 million tonnes by 2030. Its existing US-based contracts with Sabine Pass and Cove Point are linked to Henry Hub pricing.

The company operates over 16,000 km of gas pipelines, holding a 70% market share in transmission and over 50% in gas trading.

With India's energy demand surging, these agreements will ensure a stable and diversified supply of LNG for the coming decade.

State-owned gas utility GAIL (India) Ltd will begin receiving liquefied natural gas (LNG) from Qatar Energy Trading in April under a five-year agreement for 12 cargoes annually. The move aligns with India's strategy to expand its natural gas consumption to 15% of its energy mix by 2030, up from the current 6-7%. GAIL Chairman & MD Sandeep Kumar Gupta confirmed the deliveries would start as per the December 2023 tender awarded to Qatar Energy Trading. Apart from Qatar, GAIL has secured long-term LNG supply deals, including: Vitol Asia: 1 million tonnes per year for 10 years starting 2026 ADNOC Gas (UAE): 0.5 million tonnes per year for 10 years from 2026 Other major Indian firms like Indian Oil Corporation (IOC) have also signed LNG agreements with ADNOC LNG (1.2 million tonnes annually for 14 years) and TotalEnergies (0.8 million tonnes annually for 10 years). GAIL currently manages an LNG portfolio of 14 million tonnes per annum and plans to secure an additional 7-8 million tonnes by 2030. Its existing US-based contracts with Sabine Pass and Cove Point are linked to Henry Hub pricing. The company operates over 16,000 km of gas pipelines, holding a 70% market share in transmission and over 50% in gas trading. With India's energy demand surging, these agreements will ensure a stable and diversified supply of LNG for the coming decade.

Next Story
Infrastructure Urban

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Next Story
Infrastructure Urban

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Next Story
Infrastructure Energy

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement