For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Gail to sign contract with Pakistan Firm for gas export

By Religare
|

State-run gas utility GAIL India is likely to ink contract with a Pakistani firm to export natural gas through a pipeline from Punjab, said media report.

"GAIL would enter into the necessary contract for export of regassified-LNG with its Pakistani counterpart based on import of LNG at Petronet's Dahej (import facility in Gujarat) or Dabhol LNG terminal (in Maharashtra)," Minister of State for Petroleum and Natural Gas, Panabaaka Lakshmi said in a written reply to a question in Lok Sabha.

 

After re-gassification and service tax, the LNG price would cost $ 17.01 per mmBtu, said the media report.

According to the Oil Ministry sources, a slew of other costs along with Value Added Tax (VAT) is expected to raise the price of gas to a final $ 22.3 per mmBtu at which it will be delivered to Pakistan.

Dion Global Solutions Ltd.

Read more about: gail india natural gas lng import
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more