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GAIL BHAWAN,
16 BHIKAIJI CAMA PLACE
ND/GAIL/SECTT/2023 17.03.2023
Dear Sir/Madam,
Please find enclosed a copy of Press Release on "GAIL signs MoU with Shell Energy
India Pvt. Ltd."
Thanking you,
Yours faithfully,
Encl.: As above
Copy to :
~~/CIN
L40200DL 1984G01018976
www.gailonline.com
GAIL (India) Limited
Press Release
New Delhi, March 17, 2023: GAIL (India) Limited has signed a Memorandum of Understanding
(MoU) with Shell Energy India Private Limited to explore opportunities in different facets of
energy value chain. For GAIL, this is a step towards achieving improved sustenance in business
operations.
In a bid towards diversification of the feedstock for its petrochemical plant, GAIL is looking to
import ethane from ethane-surplus countries with matured export terminal infrastructure through
water borne transportation to India and transport it further through GAIL's pipeline systems to
demand centres.
The Mo U envisages to explore prospects in import and handling of different hydrocarbons which
are important chemical and petrochemical precursors, LNG for road transport, regasification of
imported LNG, renewables, etc.
GAIL (India) Limited is India's leading natural gas company with diversified interests across the
natural gas value chain of trading, transmission, LPG production & transmission, LNG re- ,
gasification, petrochemicals, city gas, E&P, etc. It owns and operates a network of around
~14,830 km of natural gas pipelines spread across the length and breadth of country. It is also
working concurrently on execution of multiple pipeline projects to further enhance the spread.
GAIL commands around 68% market share in gas transmission and has a Gas trading share of
over 53% in India. GAIL and its Subsidiaries/ JVs also have a formidable market share in City
Gas Distribution. In the Liquefied Natural Gas (LNG) market, GAIL has significantly large
portfolio. GAIL is also expanding its presence in renewable energy like Solar, Wind and Biofuel.
For more information about GAIL: gailonline.com