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Consumers in India are highly price sensitive, and affordable gas pricing is the only way to ensure that they do not switch to other fuels, said Sanjay Kumar, Director (Marketing).
GAIL has partnered with global commodity trader Vitol to purchase 1 million tonnes of liquefied natural gas (LNG) annually for ten years. The deal will start in 2026 and will augment GAIL's large Liquefied Natural Gas portfolio. GAIL, India's largest natural gas marketer and transporter, is engaged in multiple negotiations for long-term LNG supply