State-run GAIL (India) has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with Vitol Asia for the annual supply of approx. one million tonne per annum (MTPA) of LNG over a 10-year period, starting in 2026.
The agreement is part of GAIL's strategy to strengthen its LNG portfolio as India accelerates its transition to a gas-based energy economy. Under this deal, Vitol will deliver LNG to GAIL from its diversified global portfolio. “GAIL is expanding its long-term LNG portfolio to meet demand growth. We are pleased to partner with Vitol Asia Pte. Ltd, and this agreement represents a key milestone in reinforcing GAIL’s capability to reliably serve its diverse and evolving customer base,” said Sanjay Kumar, director (Marketing), GAIL.
Separately, GAIL extended its existing gas sale and purchase pact with Oil India Ltd by 15 years, effective from 01 July, 2025. Oil India will supply up to 9,00,000 standard cubic meters per day (SCMD) of natural gas from its Bakhri Tibba block in Rajasthan.