All content in this website is sourced legitimately
GAIL's US commitments: Markets are nervous
Feb 14:
GAIL's committed LNG volumes from the US are expected to land in India from next month.
8That is when the countdown begins on how the gas major's US offtake will eventually impact its bottomline.
8GAIL is remarkably reticent to share information on where it has tied up its volumes, as it claims it has.
8But a reasonable number of cargoes are expected to land in India
8Even though the company's other baseline parameters, including petrochemical capacity, gas transmission volumes and tariffs, are all expected to be up, the US LNG risk overwhelms all positives.
8A strong 'sell" signal has emerged from among stock market watchers as well.
Click on Reports for more
**********************************
8That is when the countdown begins on how the gas major's US offtake will eventually impact its bottomline.
8GAIL is remarkably reticent to share information on where it has tied up its volumes, as it claims it has.
8But a reasonable number of cargoes are expected to land in India
8Even though the company's other baseline parameters, including petrochemical capacity, gas transmission volumes and tariffs, are all expected to be up, the US LNG risk overwhelms all positives.
8A strong 'sell" signal has emerged from among stock market watchers as well.
Click on Reports for more
