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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  GAIL India Limited    GAIL   INE129A01019

GAIL INDIA LIMITED

(GAIL)
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Gail India : issues tender to buy and sell LNG cargoes - sources

11/04/2020 | 01:16am EST
Birds fly past the logo of India's state-owned natural gas utility GAIL (India) Ltd in New Delhi

SINGAPORE (Reuters) - Gail (India) has issued a tender offering two liquefied natural gas (LNG) cargoes for loading in the United States and is seeking two cargoes for delivery into India, two industry sources said on Wednesday.

It offered two cargoes to load from the Cove Point plant in the United States on a free-on-board (FOB) basis over Jan. 4 to 6 and Feb. 11 to 13, they said.

It is also seeking two cargoes for delivery into Dabhol in India over Jan. 7 to 15 and over Feb. 4 to 10 on a delivered ex-ship (DES) basis, they added.

The tender closes on Nov. 5.

The Indian importer has 20-year deals to buy 5.8 million tonnes a year of U.S. LNG, split between Dominion Energy's Cove Point plant and Cheniere Energy's Sabine Pass site in Louisiana.

(Reporting by Jessica Jaganathan; Editing by Muralikumar Anantharaman)


© Reuters 2020
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Financials
Sales 2021 607 B 8 277 M 8 277 M
Net income 2021 38 983 M 532 M 532 M
Net Debt 2021 58 858 M 803 M 803 M
P/E ratio 2021 15,8x
Yield 2021 2,68%
Capitalization 625 B 8 539 M 8 523 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,02x
Nbr of Employees 4 682
Free-Float 41,0%
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Last Close Price 138,50 
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Managers and Directors
NameTitle
Manoj Jain Chairman & Managing Director
A K Tiwari Chief Financial Officer & Finance Director
Ashish Chatterjee Director
P. K. Gupta Director & Director-Human Resources
Mahesh V. Iyer Executive Director & Director-Business Development
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