Oil refiner, IndianOil and gas utility GAIL have cracked a deal with an Adani Group.

Oil refiner, IndianOil and gas utility GAIL have cracked a deal with an Adani Group firm for booking capacity at a liquid gas import terminal in Odisha.

GAIL said the two firms signed an MoU with Dhamra LNG Terminal which proposes to build a terminal at the Dhamra port in Bhadrak district of the state for importing gas in ships.
Dhamra LNG Terminal proposes to build the project with an initial capacity of handling imports of 5 million tonnes per year of imported gas.

IndianOil is planning a project in Ennore district of Tamil Nadu. Similarly, GAIL is working on projects at Kakinada in Andhra Pradesh.

Always Seek Knowledge:

About IndianOil

  • It is one of the seven Maharatna status companies of India,
  • The Indian Oil Corporation was formed in 1964
  • Headquarters : New Delhi.

About GAIL:

  • It is the largest state-owned natural gas processing and distribution company in India.
  • GAIL (India) Limited was incorporated in August 1984
  • Headquarters : New Delhi.

About Adani Group:

  • Indian multinational conglomerate company.
  • Headquarters : Ahmedabad
  • The company was founded in 1988.