Abu Dhabi National company (ADNOC) and GAIL (India) signed a memo of Understanding, yesterday, to explore collaboration opportunities in liquefied gas (LNG) provide and decarbonisation, together with short and long run LNG sales agreements.
The agreement conjointly includes potential improvement of LNG commercial activities, the review of joint equity investments in renewable energy and therefore the observation of greenhouse gasses for LNG cargoes.
The agreement was changed between Sandeep Kumar Gupta, Chairman and director, GAIL (India) Ltd and Fatema Al Nuaimi, corporate executive ADNOC LNG in presence of His influential person Dr. Swayer Ahmed Al Jaber, Minister of trade, Advanced Technology, UAE Special Envoy for temperature change, and ADNOC director and cluster corporate executive, with H.E. Shri Hardeep Singh Puri, India’s Minister of fossil oil and gas and Minister of Housing and concrete Affairs at Abu Dhabi International fossil oil Exhibition and Conference (ADIPEC).
GAIL is one in all India’s largest gas corporations with integrated operations across the supply chain, together with exploration and production, processing, transmission, distribution, marketing, petrochemicals, LNG commerce and shipping, town gas distribution and connected services, each domestically and internationally, moreover as increasing its presence in renewable energies together with star, wind and biofuels.
great news of the day