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Why is GAIL underperforming?
May 28: GAIL has been under performing of late.
8The higher cost of gas of late has trimmed the company's ability to charge high marketing margin rates.
8Realizations on its petrochemical sales is down
8The gas major has somehow placed its US LNG commitments for 2018 through various short term contracts.
8But there is serious concern whether it can profitability do these contracts in light of the fact that it has long term offtake commitments of expensive LNG
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