GAIL AGM: Co expects natural gas transmission volumes to expand 12%

New Delhi: GAIL expects its natural gas transmission volumes to expand 12% and polymer sales to double this financial year, its chairman has said.

“Gas transmission and gas marketing are the key drivers of GAIL’s business and during FY23, we transmitted 107 million metric standard cubic meters a day (MMSCMD) of natural gas, marketed 95 MMSCMD of natural gas and sold 399 thousand metric tonnes (TMT) of polymer,” GAIL chairman Sandeep Kumar Gupta told shareholders at their annual meet. “Current year seems more promising and it is estimated that your company will achieve over 120 MMSCMD of natural gas transmission, over 100 MMSCMD of natural gas sales and 800 TMT of polymer sales.”