In order to investigate prospects in various areas of the energy value chain, Shell Energy India Private Limited and GAIL (India) Limited have signed a Memorandum of Understanding (MoU). This is a move that GAIL can take to improve business operations sustenance.
GAIL is trying to import ethane from nations with surplus ethane and developed export terminal infrastructure through waterborne transportation to India and transport it further through GAIL’s pipeline systems to demand centres in an effort to diversify the feedstock for its petrochemical plant.
According to the MoU, opportunities in the import and handling of various hydrocarbons—important precursors to petrochemical and chemical production—as well as LNG for road transportation, regasification of imported LNG, renewable energy sources, etc.—will be investigated.
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