M&A M&A
Gas utility GAIL explores stake acquisition in LNG projects in US
State-run gas utility GAIL is in talks to acquire a minority stake in three to four US-based liquefaction and liquefied natural gas (LNG) export projects, as part of a strategy to diversify its supply sources. The move follows supply disruptions experienced by India due to tensions in the Strait of Hormuz, which impacted gas imports…
Read the full story →