GAIL (India) Limited and Vital Asia Pte Ltd, on Friday, announced the signing of a Long Term LNG deal into India for supply of approximately one million metric tons of LNG per annum for a period of about 10 years, commencing 2026. Under this deal, Vital will deliver LNG from its global LNG portfolio to GAIL in India on a pan-India basis, the company said in a regulatory filing.
GAIL Chairman and Managing Director Sandeep Kumar Gupta said, “This long term LNG deal with Vital 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.”
