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An Agreement Signed between GAIL and MOL to Power India’s Energy Supply Chain

  • January 29, 2026
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A long-term charter agreement for the LNG carrier “GAIL BHUWAN” was signed by GAIL (India) Limited and Mitsui O.S.K. Lines Ltd (MOL) on January 27, 2026, during India Energy Week in Goa. In the presence of GAIL’s CMD and other dignitaries, S. Bairagi of GAIL and Hisashi Umemura of MOL formally endorsed the agreement, which […]

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Public Sector Unit News

Force Majeure Ends in Area 1 Mozambique LNG Project

  • November 14, 2025
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ONGC Videsh Limited, a subsidiary of ONGC, holds a 16% interest in Mozambique’s Area 1 concession via its subsidiaries. Total E&P Mozambique Area 1 Limitada, with a 26.5% participating interest, operates the Mozambique LNG project alongside other partners. I n May 2021, construction was suspended due to security issues in Cabo Delgado province, leading to […]

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