Page 8 - LNG Today
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cover story

                                                               India's first such installation in the hydrocarbon industry
                                                               and also has a distinction of being the country's second
                                                               largest industrial PV roof top solar power plant.
                                                               Robust Governance
                                                               GAIL has been upholding highest standards of
                                                               transparent & ethical governance practices while
                                                               creating value for all the stakeholders. In testimony,
                                                               for 9  year in succession, GAIL has received 'NIL'
                                                               comments from the CAG for FY 2017-18.
                                                               Way Ahead
                                                               The Company is strategically placed as an institution of
                                                               excellence and eminence in the natural gas infrastructure
                                                               and value chain in India. LNG supplies have
          investments in the natural gas based urea fertilizer unit at   commenced under long-term portfolio that witnessed an
          Ramagundam with production capacity of 1.27 MMTPA.   addition of 8.3 MMTPA in recent years. The Company
          GAIL also endeavours to supply natural gas to the    joins the class of elite global majors and now ranks
          Ramagundam Fertilizers and Chemicals Ltd., from FY   9  with an aggregate marketable volume of about 14
          2019-20 onwards and executed necessary agreements to   MMTPA. The LNG tie-ups with USA and Russian entities
          this effect, during the year.
                                                               has not just taken the scale of gas marketing operations
          Further, the company is also leading the coal gasification   up by a few notches, but, have added experience
          based urea fertilizer unit at Ralcher. Major milestones   and managerial bandwidth in operating LNG Ships
          to commence on-ground project activities have been   on Charter-hire, trading in International markets for
          achieved and countdown has already begun for the     opportunity based and portfolio optimization plays as
          ceremonial ground breaking.                          also in exploring innovative contractual measures that
                                                               create value for stakeholders and shareholders.
          In yet another significant development along the
          mid-stream infrastructure segment, the Company has   GAIL has also significantly expanded engagement
          executed a Tolling Agreement with Dhamra LNG         towards shaping natural gas midstream infrastructure
          Terminal Pvt. Ltd. for booking 1.5 MMTPA regasification   projects Rs. 25,000 crore to serve Indian consumers
          capacities at Odisha as an additional gateway for    even as it simultaneously supports CGD infra
          securing RLNG/ LNG supplies in the eastern region.   investments to the tune of Rs. 10,000 crore and this goes
          During the year, the Konkan LNG Private Limited was   about defining a new chapter in the historic journey of
          formed post de-merger of the RGPPL assets at Dabhol.   the Company.
          GAIL now has the management flexibility to expand    GAIL has journeyed to transform and service the
          utilization of the asset and undertake project activites to   changing expectations of consumers in a dynamic
          enable all weather LNG discharge operation at the port.  environment of intense competition. Robust foundations,
          In the journey towards ensuring lower carbon footprints   committed workforce and supportive leadership are
          in the energy intensive processes, during the year, GAIL   driving the company to a better tomorrow.
          commissioned rooftop solar PV installation of 5.76 MWp   Recent launch of online portal for expanding market
          at Pata Petrochemical Complex and created history as

             India's 1  long term LNG cargo
             from UsA unloaded at Dabhol...

          8   November 2018 - January 2019 LNG TODAY
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