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GAIL signs long-term time charter contract with “K” LINE for new LNG ship
Nov 30, 2024
Contract Type
contract
IndiaAgriculture and FarmingRenewable EnergyBiomass Energy
Description
GAIL (India) Limited has signed a long-term time charter contract with Kawasaki Kisen Kaisha, Ltd. (“K” LINE) for a new-built LNG ship. The vessel, expected to start operations in 2027, will have a tank capacity of 1,74,000 cubic metres and will be built by Samsung Heavy Industries Co. Ltd., Korea.
Company Information
Company
GAIL
Location
India
About
GAIL (Gas Authority of India Limited) is a company involved in the transmission and distribution of natural gas in India. It also engages in the production and trading of petrochemicals. GAIL plays a major role in the development of natural gas infrastructure in India.