GAIL (India) Limited signed a 10-year Sales and Purchase Agreement (SPA) with ADNOC Gas for the delivery of up to 0.52 million metric tonnes per annum (MMTPA) of liquified natural gas (LNG), starting in 2026. This is the first SPA of ADNOC Gas with an Indian buyer.

The LNG will be delivered in six cargoes per year from ADNOC Gas’ Das Island natural gas facility, which has an LNG processing capacity of 6.0 MMTPA. It is the third longest established LNG plant still in production globally.

Sanjay Kumar, Director (Marketing), GAIL said: “India is witnessing a growing demand for LNG to meet its increasing natural gas demand in a diversified sectoral pattern. GAIL plans to significantly increase its term LNG portfolio in the coming years to meet this rising demand. This SPA with ADNOC Gas is a crucial step in this direction, enabling GAIL to augment its existing LNG portfolio to better serve its diverse consumer base.”

Rashid Khalfan Al Mazrouei, ADNOC Gas Senior Vice President, Marketing, said: “This agreement strengthens ADNOC Gas’ role as a reliable and responsible global natural gas provider and reflects our ambition to capture future growth opportunities in gas demand. It also reinforces our position as a preferred partner for energy solutions in India.

“Global LNG demand is expected to rise by 15% over the next decade, driven by industrial coal-to-gas switching in China and the increased use of LNG for power generation across Southern and Southeast Asia. We are committed to more than doubling our LNG production capacity as part of our strategy to capture a larger share of the growing global demand for lower carbon intensity products like ours.”

In 2023, India ranked as the fourth-largest importer of LNG globally, with expectations for further growth in LNG imports over the next decade. India aims to increase the share of natural gas in the country’s total primary energy mix to 15 per cent by 2030, from about 6 per cent today. India’s LNG regasification infrastructure has also enhanced to nearly double capacity last year, rising from 21 MMTPA in 2014.
About GAIL
GAIL, a Maharatna Central Public Sector Enterprise, is India’s leading natural gas transmission and distribution company with gas transmission & distribution pipelines, processing and petrochemicals plants besides interest in upstream oil & gas blocks and LNG regasification terminals in India. GAIL is dedicated to enhancing the nation’s energy infrastructure and promoting sustainable development through various initiatives in natural gas, petrochemicals, and renewable energy.

दिल्ली आजकल ब्यूरो , दिल्ली
26 अक्टूबर 2024

गेल (इंडिया) लिमिटेड और वर्बियो इंडिया प्राइवेट लिमिटेड भारत में कृषि अवशेष आधारित बायोगैस (सीबीजी) संयंत्रों की स्थापना की संभावना की तलाश करेंगे. इसके लिए गेल और वर्बिया इंडिया प्राइवेट लिमिटेड के बीच शुक्रवार को एक समझौता ज्ञापन (एमओयू) पर हस्ताक्षर किए गए. गेल के सीएमडी संदीप कुमार गुप्ता और वर्बियो समूह के संस्थापक व सीईओ क्लॉस सॉटर की उपस्थिति में समझौता ज्ञापन पर हस्ताक्षर किया गया. गेल के कार्यकारी निदेशक (व्यापार विकास और अन्वेषण एवं उत्पादन) सुमित किशोर और वर्बियो के प्रबंध निदेशक आशीष कुमार ने समझौता ज्ञापन पर हस्ताक्षर किए. इस समझौते का उद्देश्य दोनों कंपनियों की क्षमता का लाभ उठाकर टिकाऊ ऊर्जा समाधानों को बढ़ावा देना और कृषि अपशिष्ट के उपयोग को बढ़ाना है.

इस अवसर पर गेल के अध्यक्ष और प्रबंध निदेशक संदीप कुमार गुप्ता ने कहा कि वर्बियो के साथ यह समझौता ज्ञापन भारत में स्वच्छ ऊर्जा को आगे बढ़ाने की हमारी प्रतिबद्धता में एक महत्वपूर्ण कदम है. सीबीजी उत्पादन के लिए कृषि अवशेषों का उपयोग करके हमारा लक्ष्य देश की ऊर्जा सुरक्षा और स्थिरता लक्ष्यों में योगदान करना है. यह पहल न केवल अक्षय ऊर्जा स्रोत प्रदान करेगी, बल्कि कृषि अपशिष्ट का उपयोग करके स्थानीय किसानों की आय और आजीविका को भी बढ़ाएगी.

वहीं, वर्बियो ग्रुप के संस्थापक व सीईओ क्लॉस सॉटर ने कहा कि हम भारत में पराली जलाने के लिए सबसे नवीन समाधानों में से एक के रूप में जैव ऊर्जा को संयुक्त रूप से लागू करने के लिए गेल के साथ साझेदारी करके प्रसन्न हैं. यह सहयोग भारत में किसानों और ग्रामीण अर्थव्यवस्था का समर्थन करते हुए सीबीजी को बढ़ावा देने के हमारे दृष्टिकोण के अनुरूप है. उन्होंने कहा कि गेल जैसे मजबूत भागीदार के साथ, वर्बियो पंजाब में पहले से लागू सीबीजी अवधारणा की सफलता को पूरे भारत में दोहराने में सक्षम होगा. गेल और वर्बियो दोनों जैव ईंधन क्षेत्र में नवाचार को बढ़ावा देने के लिए प्रतिबद्ध हैं और यह सहयोग उस प्रतिबद्धता का प्रमाण है.

5 January 2024

GAIL (India) Limited and Vitol Asia Pte Ltd, today announced the signing of a Long Term LNG deal into India for a supply of approximately one million metric tons of LNG per annum for a period of about 10 years, commencing 2026.  Under this deal, Vitol will deliver LNG from its global LNG portfolio to GAIL in India on a pan-India basis. 

Given this deal for LNG tie up, GAIL Chairman and Managing Director,  Sandeep Kumar Gupta said “This long term LNG deal with Vitol by GAIL will augment its large Liquefied Natural Gas (LNG) portfolio and will contribute to bridging India’s demand and supply gap of natural gas”.  Vitol CEO,  Russell Hardy said “We are pleased to build on the existing relationship between Vitol and GAIL and to conclude this Long Term LNG supply deal together. India is a significant and growing LNG market and we are excited to bring LNG supply from our global LNG portfolio to meet this rising natural gas demand in India”.

GAIL (Director (Marketing),  Sanjay Kumar speaking on the occasion of signing in Singapore, stated that GAIL is doing this deal as demand for natural gas in India is getting consolidated and this LNG tie-up is part of the multiple negotiations which GAIL has been carrying on with various LNG suppliers for long term deals. 

GAIL as a leading natural gas company has formidable presence in India’s gas trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P. GAIL which owns and operates a network of over 16,000 km of natural gas pipelines on pan India basis is working concurrently on execution of multiple pipeline projects to further enhance the spread. GAIL commands around 70% market share in gas transmission and has a Gas trading share of over 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share in City Gas Distribution.

Vitol is a leader in the energy sector with a presence across the spectrum: from oil and gas through to power, renewables and carbon. It trades 7.4 million barrels per day of crude oil and products, and charters circa 6,000 sea voyages every year.  Vitol’s clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: 17 m m3 of storage globally, circa 500 k b/d of refining capacity, over 7,000 service stations and a growing portfolio of transitional and renewable energy assets. Vitol has a global LNG portfolio with long term LNG supply from North America, Africa, Middle East, and Asia, a global fleet of LNG vessels and an experienced LNG team across Asia, Europe and the US.  In 2022, Vitol physically delivered approximately 14 Mtpa of LNG.

30 November 2023

Rajeev Kumar Singhal assumed charge as the Director (Business Development), GAIL (India) Limited.

Rajeev Kumar Singhal is an Electronics and Communication Engineer from IIT BHU Varanasi with a Diploma in Business and Finance from ICFAI. He joined GAIL in 1989 as an Assistant Executive Engineer and has spent more than three decades at GAIL in various roles.

He has gained extensive exposure in the operation and maintenance of natural gas installations, SCADA/Telecom, LNG sourcing, trading, shipping, marketing, and business development activities covering mergers and acquisitions, diversification, renewables/green hydrogen, etc.

Some of his notable achievements include marketing US LNG to six fertilizer plants under a long-term contract, renegotiating LNG sourcing contracts from Qatar and Russia, spearheading the acquisition of JBF Petrochemical Limited through NCLT, setting up India’s first Small Scale LNG project, and acquiring a 26% stake in Japonica, an LNG vessel company.