OIL and GAIL Sign MoU for Natural Gas Value Chain Collaboration
Oil and Gas Sector News India
Oil India (OIL) and GAIL (India) Ltd have signed a memorandum of understanding to enhance cooperation across the natural gas value chain. The agreement aims to expand gas availability and improve transportation and distribution infrastructure across India. OILs upstream capabilities and GAILs downstream and marketing expertise will be leveraged to strengthen gas delivery systems and promote a cleaner energy mix. The collaboration aligns with the governments efforts to build a gas-based economy and increase the share of natural gas in Indias energy basket.
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