GAIL (India) Limited has informed the Exchange regarding a press release dated January 28, 2026, titled "GAIL and MOL Sign a Long-Term Charter Contract for an LNG Carrier".
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GAIL (India) Limited has informed the stock exchange about a press release dated January 28, 2026, announcing that it has signed a long-term charter contract with MOL (Mitsui O.S.K. Lines) for an LNG carrier. The vessel will be used to transport liquefied natural gas (LNG), supporting GAIL's gas sourcing and shipping operations. While specific contract value and tenure were not disclosed in the headline, long-term LNG charter deals typically span several years and involve commitments in tens of millions of dollars. This move strengthens GAIL's position in securing LNG transportation capacity amid India's growing demand for natural gas.
This signals continued investment in LNG infrastructure, helping GAIL secure reliable shipping capacity for its LNG imports. For shareholders, it reinforces the company's role in India's gas value chain but involves long-term capital commitment typical of shipping contracts.