Gail Archives - https://fastnewsglobe.com/tag/gail/ Thu, 12 Mar 2026 03:37:27 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.1 https://fastnewsglobe.com/wp-content/uploads/2025/03/fastnewsglobe-150x150.png Gail Archives - https://fastnewsglobe.com/tag/gail/ 32 32 Stocks to watch: From Adani Enterprises to UCO Bank… these stocks will be on the radar today, see the complete list https://fastnewsglobe.com/stocks-to-watch-from-adani-enterprises-to-uco-bank-these-stocks-will-be-on-the-radar-today-see-the-complete-list/ https://fastnewsglobe.com/stocks-to-watch-from-adani-enterprises-to-uco-bank-these-stocks-will-be-on-the-radar-today-see-the-complete-list/#respond Thu, 12 Mar 2026 03:37:27 +0000 https://fastnewsglobe.com/stocks-to-watch-from-adani-enterprises-to-uco-bank-these-stocks-will-be-on-the-radar-today-see-the-complete-list/ Stocks to watch: A huge fall was recorded in the domestic stock market on March...

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Stocks to watch: A huge fall was recorded in the domestic stock market on March 11. During this period, Sensex fell by 1342 points and closed at the level of 76863.71. At the same time, Nifty slipped by 395 points and closed at 23866.85. The rise in crude oil prices amid tensions in West Asia and selling by foreign investors were held responsible for this decline. Today, through this news, we are going to tell you about some such stocks, which will be in the focus of investors during trading due to various reasons. Let’s take a look at this.

Adani Enterprises

Adani Road Transport, a subsidiary of Adani Enterprises, has also purchased the remaining 49 percent shares of DP Jain TOT Toll Roads. This means that now DP Jain TOT toll roads will be completely owned by Adani Group. Along with the purchase of shares, the company also purchased 100 percent optionally convertible redeemable preference shares. This project is spread in Haryana and Uttar Pradesh.

Waree Renewable Technologies

The company has signed a contract to undertake engineering, procurement and construction (EPC) work for a 300 MWac / 420 MWp ground-mounted solar PV plant. This project is going to be completed during the financial year 2027–28. Due to this, the company’s shares are going to be in focus today.

GAIL

Government gas company GAIL (Gas Authority of India Limited) has purchased cargo of Liquefied Natural Gas (LNG) from Oman so that the supply of natural gas in the country is maintained and there is no shortage in it. This step of GAIL shows how actively the company is working in times of crisis.

Indian Oil Corporation

Shares of the company will trade on Ex-Dividend today. IOC is going to give dividend to its investors for the second time, for which the record date has been fixed as March 12.

UCO Bank

The bank has not made any change in its Marginal Cost of Funds Based Lending Rate (MCLR) for all time since March 10. That is, the bank has decided that from March 10 its lending rates will remain the same as before. In such a situation, if your loan taken from UCO Bank is linked to MCLR, then there will be no change in its EMI at present.

Tips Music

Hari Nair has resigned from the post of Chief Executive Officer with effect from April 30, 2026, in search of new opportunities. In such a situation, now Executive Director Girish Taurani and Chief Financial Officer Sushant Dalmia will together take over the responsibilities of Nair. The company has started the process of identifying and appointing a new CEO.

Brigade Enterprises

Brigade Group has announced its entry into industrial real estate with the launch of Brigade Industrial Park, a 25-acre industrial development in Devanahalli. Under this, the company will get approximately 2 million square feet of leasable space.

Polycab India

The Income Tax Department has reduced the tax demand against Polycab India from Rs 327.47 crore to Rs 57.58 crore for assessment year 2024–25. The impact of this news may be visible on the shares.

InterGlobe Aviation

After the company’s CEO Peter Elbers resigned from his post as Chief Executive Officer from March 10, now the company’s Managing Director Rahul Bhatia will take over the management responsibilities for some time.

Disclaimer: (The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)

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]]> https://fastnewsglobe.com/stocks-to-watch-from-adani-enterprises-to-uco-bank-these-stocks-will-be-on-the-radar-today-see-the-complete-list/feed/ 0 Cargo loaded with LNG left from Oman via India, GAIL made a big deal amid the gas crisis in the country. https://fastnewsglobe.com/cargo-loaded-with-lng-left-from-oman-via-india-gail-made-a-big-deal-amid-the-gas-crisis-in-the-country/ https://fastnewsglobe.com/cargo-loaded-with-lng-left-from-oman-via-india-gail-made-a-big-deal-amid-the-gas-crisis-in-the-country/#respond Thu, 12 Mar 2026 02:04:28 +0000 https://fastnewsglobe.com/cargo-loaded-with-lng-left-from-oman-via-india-gail-made-a-big-deal-amid-the-gas-crisis-in-the-country/ Gas Authority of India Limited: Amidst the increasing tension in Western Asia, GAIL (Gas Authority...

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Gas Authority of India Limited: Amidst the increasing tension in Western Asia, GAIL (Gas Authority of India LTD.) has purchased a cargo of Liquefied Natural Gas (LNG) from Oman so that the supply can be done properly to meet the increasing natural gas needs in India. This state gas company of India has purchased this cargo through negotiations from a European trader at a fixed price of about $ 17–20 per million British thermal units (mmBtu).

Shipping data from Kpler shows that the chartered ship ‘Orion Hugo’, loaded by Shell, one of the world’s largest gas trading companies, is expected to reach India around March 15. Overall, to deal with the LNG crisis in the country, GAIL has purchased this cargo from European trader Shell. Shell has hired ‘Orion Hugo’. Now this cargo is loaded from Oman and is en route to India. At present it is expected to be in the Arabian Sea.

GAIL’s big deal in times of crisis

India meets almost half of its daily natural gas requirement through imports, about 195 million standard cubic meters per day (mmscmd). Before the recent disruption, India was getting about 60 mmscmd gas from the Middle East. The supply has been affected after the closure of the Strait of Hormuz and declaration of force majeure by India’s largest gas supplier Qatar. To manage this shortfall, GAIL hurriedly negotiated the deal with Shell through a European trader.

Let us tell you that there is a huge natural gas plant in Oman by the name of Oman LNG. European company Shell also has a major stake in this. Big gas trading companies like Shell hire hundreds of ships like ‘Orion Hugo’ and go where the gas is needed. In this sequence, when GAIL needed natural gas for the country, Shell’s chartered ship ‘Orion Hugo’ was found ready in Oman and the deal was immediately done.

Keep an eye on GAIL shares

After this news of purchase of gas from Oman, GAIL shares will be in the focus of investors during trading in the market today. For the last few days, GAIL shares were trading near its 52-week low level (Rs 146-147). Now due to this news we may see a rise in the shares. This step taken by GAIL shows how active the company is in times of crisis. Yesterday i.e. on March 11, GAIL shares closed at Rs 147.70 on NSE with a decline of 1.72 percent.

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]]> https://fastnewsglobe.com/cargo-loaded-with-lng-left-from-oman-via-india-gail-made-a-big-deal-amid-the-gas-crisis-in-the-country/feed/ 0 How was India’s gas supply affected by the Iran crisis and which sectors were affected? Know every detail https://fastnewsglobe.com/how-was-indias-gas-supply-affected-by-the-iran-crisis-and-which-sectors-were-affected-know-every-detail/ https://fastnewsglobe.com/how-was-indias-gas-supply-affected-by-the-iran-crisis-and-which-sectors-were-affected-know-every-detail/#respond Fri, 06 Mar 2026 16:20:46 +0000 https://fastnewsglobe.com/how-was-indias-gas-supply-affected-by-the-iran-crisis-and-which-sectors-were-affected-know-every-detail/ The effect of increasing tension in West Asia is now visible on India’s energy system...

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The effect of increasing tension in West Asia is now visible on India’s energy system as well. After the Iran crisis, the movement of ships in the Strait of Hormuz was affected and due to stoppage of LNG production in Qatar, India’s natural gas supply chain has suffered a major blow. Many big gas companies of the country have been affected by this situation, including Petronet LNG, GAIL, Indraprastha Gas Limited (IGL), Mahanagar Gas Limited (MGL), Gujarat State Petronet Limited (GSPL) and Aegis Logistics.

This crisis is not limited to just companies but it can affect fertilizer production, industries, electricity and the kitchens of common people. First understand how India’s gas supply chain works. The supply of natural gas in India runs through a long international chain. Usually, LNG (Liquefied Natural Gas) is loaded in ships from Ras Laffan in Qatar and reaches India after crossing the Strait of Hormuz.

In India, it is mainly unloaded at the LNG terminals at Dahej in Gujarat and Kochi in Kerala, which are operated by Petronet LNG. Dahej terminal has a capacity of about 17.5 million tonnes per annum, while Kochi terminal has a capacity of about 5 million tonnes per annum. LNG is kept in liquid form at -162 degrees Celsius and after reaching India, it is converted into gas again at the terminals. This process is called regasification. After this it is sent to the pipeline network in the form of RLNG.

GAIL’s pipeline

In India, GAIL mainly does the work of delivering gas to the entire country. The company has about 18,000 km long pipeline network and its share in the gas transmission market is about 65 percent. The most important is Hazira-Vijaypur-Jagdishpur, whose length is about 2887 kilometers and it was commissioned in 1989. This pipeline starts from Hazira in Gujarat and goes to Jagdishpur in Uttar Pradesh via Vijaipur in Madhya Pradesh and provides gas to large parts of North India like Delhi, Uttar Pradesh, Rajasthan, Haryana and Punjab.

The gas coming from Dahej LNG terminal reaches the HVJ network through the Dahej-Bijapur pipeline. Its length is about 610 kilometers and capacity is about 23.9 mmscmd, that is, the capacity of this pipeline is to carry about 24 million cubic meters of gas daily. Apart from this, Jagdishpur-Haldia-Bokaro-Dhamra Pipeline i.e. Urja Ganga Project has been built to connect eastern India with gas, whose length is about 3,306 kilometers and it transports gas to Uttar Pradesh, Bihar, Jharkhand, Odisha and West Bengal.

Where did GAIL’s gas come from and what is the situation now?

India’s largest gas transmission and trading company GAIL has been bringing its LNG supplies mainly from Qatar and America. Gas from Qatar came through Petronet LNG, which has a long-term contract with Qatar Energy for about 8.5 million tonnes per year. This LNG was transported from Ras Laffan in Qatar to Dahej Terminal in Gujarat through ships and then supplied to the entire country through GAIL’s pipeline network. Apart from this, GAIL also has LNG contracts from America’s Sabine Pass and Co Point, from which ships come to India via Suez Canal.

In the current crisis, due to increasing security risks in the Strait of Hormuz, the LNG supply coming from Qatar has almost stopped due to which the Qatari LNG allocation to GAIL has become zero. At present, the only relief for the company is the supply coming from America which does not pass through the Hormuz route and is reaching India through the Suez Canal.

When the Strait of Hormuz closed on 28 February 2026. The largest part of GAIL’s gas supply stopped in one fell swoop. Petronet LNG clearly stated in the BSE filing that “Due to the current security situation and material risk to maritime navigation, all three Qatar tankers, Disha, Rahi and Asim, are not able to pass safely through the Strait of Hormuz. These three ships used to bring about 65,000 to 75,000 tonnes of LNG in every trip from Qatar’s Ras Laffan terminal to Dahej and now all three are standing outside the strait. Are.

Due to this, 40-45 percent of India’s annual LNG import i.e. 10 to 11 MTPA supply was stopped in one go. On the other hand, GAIL’s own four ships GAIL Bhuvan, GAIL Urja, Grace Emilia and the fourth carrier of CoolCo come via the Suez Canal from Sabine Pass and Cove Point in the US. That’s why they are running now. That means it is not possible to get any immediate relief. It is not so easy to replace Qatar’s three ships that used to deliver within hours. The Iran war broke the weak link in GAIL’s supply chain which was bearing the maximum burden.

What is India’s dependence?

India is largely dependent on imports for its energy needs. According to estimates, about 50 to 60 percent of India’s LNG supply comes through the same sea route which passes through the Strait of Hormuz. In February 2026, India had imported about 1.86 million tonnes of LNG. Out of which about 41.2 percent came from Qatar alone. Petronet LNG has a long-term contract of 8.5 million tonnes per annum with Qatar Energy, which is considered an important source of India’s gas supply.

This entire supply chain runs only when the LNG coming out of Qatar’s gas fields comes to India in ships. From ship to terminal, from terminal to pipeline and from pipeline to cities. When the beginning of this chain, i.e. the movement of ships, is affected, it gradually impacts the entire energy system. This is the reason why the crisis arising in West Asia can affect gas supply, industry, CNG and domestic PNG in India.

Now if you see where gas is used here, will you understand its impact?

Natural gas is used in many important sectors in India. According to PNGRB data, the country consumed an average of about 187 MMSCMD gas during 2023-24. The largest share in this is from the fertilizer industry where about 58 MMSCMD gas is used.

Natural gas is the most important raw material in making urea and gas constitutes about 70 to 80 percent of its total production cost. After this comes the city gas distribution sector, where about 37 MMSCMD gas is used in CNG vehicles and domestic PNG. About 25.2 MMSCMD gas is used for power generation while about 22 MMSCMD gas is used in refinery and petrochemical industries. Apart from this, ceramic, glass, steel, tire and chemical industries are also largely dependent on natural gas.

How does gas reach common people?

Gas does not go directly to the common people through the pipeline network, rather it is delivered to the final consumers through city gas distribution companies. In Delhi-NCR, this work is done by Indraprastha Gas Limited (IGL), which has about 976 CNG stations and more than 33 lakh houses have PNG connections. Gas in Mumbai, Thane and Raigarh areas is supplied by Mahanagar Gas Limited (MGL), about 70 to 75 percent of whose revenue comes from CNG. A major portion of gas transmission in Gujarat is through GSPL’s network, while Aegis Logistics handles terminal operations and bulk handling of LNG and LPG.

Impact on agriculture and industry

Interruption in gas supply can directly impact the fertilizer industry. According to reports, due to more than 10 percent reduction in gas availability, some urea plants have reduced production by about 7 to 8 percent. However, by the end of February 2026, there is a stock of about 55 lakh tonnes of urea in the country, which is more than last year. Therefore, there is no immediate crisis situation, but if this situation continues for a long time, India may have to import expensive urea from the international market.

what could happen next

Energy experts believe that if tension in West Asia continues for a long time, India may have to prioritize gas supply. In such a situation, first priority will be given to the supply of domestic PNG and CNG while the gas supply to industries can be reduced. The prices of LNG in the international market have already increased rapidly to about $ 23 per MMBtu.

It is clear from this entire situation that the entire supply chain originating from Qatar’s gas field and reaching India’s LNG terminal pipeline network and CNG station is interconnected. If there is a disruption anywhere in this chain, its impact can directly reach the kitchens of common people, the fuel of vehicles and the fertilizers of farmers.

Where is it being affected in India?

fertilizer sector

The biggest use of natural gas in India is in the fertilizer industry. About 58 mmscmd of the total daily gas consumption in the country goes in making urea. Gas constitutes about 70–80 percent of the production cost of urea. Due to reduced gas supply, some urea plants have started reducing production by 7–8%. This can have a direct impact on farming and availability of fertilizers.

CNG and Domestic PNG (City Gas Distribution)

In cities like Delhi, Mumbai, Ahmedabad, lakhs of vehicles run on CNG and crores of people cook food with PNG at home. About 37 mmscmd gas is consumed in this sector. Reduction or increase in gas supply can directly impact the price of CNG and domestic PNG bills.

Power Generation (Power Sector)

Gas based power plants use about 25.2 mmscmd of gas daily. Although the share of electricity generated from gas in India is about 2%, but these plants play an important role at times of peak demand. The production of these plants may be affected due to shortage of gas.

Refinery and petrochemical industry

Oil refineries and petrochemical companies use gas as both fuel and raw material. Products like petrol, diesel, plastic and synthetic fiber are made from it. The cost of gas can also affect the cost of these products.

Hotel, Restaurant and Commercial Sector

PNG gas is used in large quantities in hotels, restaurants, bakeries, catering units and hospitals. Due to reduction in gas supply or increase in price, their operating costs may increase, the impact of which may reach the prices of food and drinks.

Ceramic and Glass Industry

Industries manufacturing ceramic tiles, sanitary ware and glass in Gujarat and Rajasthan are highly dependent on natural gas. Due to disruption in gas supply, there is a possibility of reduction in production or increase in costs in these areas.

Steel, tyre, paint and chemical industries

These sectors are direct or indirect large consumers of gas. As gas becomes expensive, its input cost increases, which ultimately reaches the consumer in the form of expensive goods.

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]]> https://fastnewsglobe.com/how-was-indias-gas-supply-affected-by-the-iran-crisis-and-which-sectors-were-affected-know-every-detail/feed/ 0 Gas and oil prices will be reduced! Gail is expected; Company made mega plan worth Rs 12000 crore https://fastnewsglobe.com/gas-and-oil-prices-will-be-reduced-gail-is-expected-company-made-mega-plan-worth-rs-12000-crore/ https://fastnewsglobe.com/gas-and-oil-prices-will-be-reduced-gail-is-expected-company-made-mega-plan-worth-rs-12000-crore/#respond Wed, 30 Jul 2025 03:48:02 +0000 https://fastnewsglobe.com/gas-and-oil-prices-will-be-reduced-gail-is-expected-company-made-mega-plan-worth-rs-12000-crore/ Gas Authority of India Ltd: The Gas Authority of India Ltd is expected to reduce...

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Gas Authority of India Ltd: The Gas Authority of India Ltd is expected to reduce the prices of natural gas worldwide later. This will promote its growth. The company has prepared a capital expenditure of Rs 12,000 crore for the business year 2026-27.

The company said, Henry Hub prices bounce is really no normal condition. We believe that these prices will be low. We are keeping an eye on the market regularly and making a plan according to our cost to reduce the cost. Let us know that Henry Hub is a natural gas pipeline and distribution center located in Erath of Louisiana. Gas prices in America are fixed based on the price of natural gas on the Henry Hub.

Crude oil can also be reduced

Gayle is also expected to reduce the price of crude oil in the coming years, which will remain between $ 60-70 per barrel, provided there will not be any major geopolitical obstruction, which can increase prices temporarily. The company also stated that the prices of alternative fuels like Nephtha remain low, which are related to crude oil prices. Nephtha prices are directly attached to crude oil. Since it is a product found with crude oil, its price affects the price of crude oil.

The company made a mega plan

The company has made a mega plan of Rs 12000 crore for the next business year. Of these, a plan has been made to spend Rs 4,000 crore on pipeline projects, Rs 200 crore on gas distribution project in cities, Rs 2,500 crore on petrochemical projects, 500 crore for E & P and Rs 1,400 crore on the company operations. 850 crore rupees will be spent as equity contribution and Rs 2,000 crore will be allotted to achieve the target of Net-Groers.

Company results in June quarter

The company announced its results for the first quarter of FY 2025-26 ended in June 2025 on Monday. In this quarter, Gayle’s net profit fell by 25 percent to Rs 2,382.24 crore against Rs 3,183.35 crore in the same period last year. The company’s operational revenue was recorded at Rs 35,428.81 crore with a slight increase of 1.7 percent from Rs 34,821.89 crore in the first quarter of the last financial year 2024-25.

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]]> https://fastnewsglobe.com/gas-and-oil-prices-will-be-reduced-gail-is-expected-company-made-mega-plan-worth-rs-12000-crore/feed/ 0 Fast in Share Market, new record will be made in Sensex-NIFTY | Paisa Live https://fastnewsglobe.com/fast-in-share-market-new-record-will-be-made-in-sensex-nifty-paisa-live/ https://fastnewsglobe.com/fast-in-share-market-new-record-will-be-made-in-sensex-nifty-paisa-live/#respond Mon, 21 Apr 2025 12:50:05 +0000 https://fastnewsglobe.com/fast-in-share-market-new-record-will-be-made-in-sensex-nifty-paisa-live/ There is a tremendous boom in the stock market today. The Sensex is trading at...

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