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GAIL signs 10-year LNG deal with trading company Vitol

New Delhi: Gail A deal worth billions of dollars has been signed for sourcing 1 million tonnes of LNG annually for 10 years. trade in goods Giant Vitol is the state-run utility’s first long-term deal in a decade amid rising domestic demand. Vitol Shipping of super-chilled gas will begin from 2026, while GAIL is currently negotiating such deals with others considering the projected demand of 155 to 500 MCMD by 2030.



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