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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 for Jan-Feb: sources

11/18/2020 | 12:22am EST
Logo of India's state-owned natural gas utility GAIL (India) Ltd is pictured in New Delhi

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

It is seeking the cargo for January delivery into India and has offered a cargo for loading from the Cove Point plant in the United States in February, one of the sources said.

The tender closes on Nov. 19, the source said.

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 Tom Hogue)


© Reuters 2020
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Financials
Sales 2021 605 B 8 170 M 8 170 M
Net income 2021 38 752 M 524 M 524 M
Net Debt 2021 56 966 M 770 M 770 M
P/E ratio 2021 12,0x
Yield 2021 3,55%
Capitalization 463 B 6 272 M 6 256 M
EV / Sales 2021 0,86x
EV / Sales 2022 0,80x
Nbr of Employees 3 937
Free-Float 41,0%
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Last Close Price 102,65 
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Managers
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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