Epic Research

Monday, January 6, 2014

EPIC UPDATE : GAIL

Epic Update GAILGAIL India, the state-owned gas utility is currently in talks with the Bangladesh government to lay an inter-country pipeline to export gas to the fuel-starved neighbour. The public sector gas utility plans to use the Hiranandani Group’s upcoming offshore liquefied natural gas terminal at Haldia, West Bengal, to import LNG from multiple sources and supply 3.6 million metric standard cubic metres per day (mmscmd) of the fuel to consumers in Bangladesh by extending the proposed 2,050-km Jagdishpur-Haldia pipeline.

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