GAIL (India) Limited

GAIL signs long-term charter contract with “K” LINE for LNG ship Vessel expected to start operations in 2027 Looking to expand its fleet of LNG carriers, GAIL (India) Limited today signed a long-term time charter contract with Kawasaki Kisen Kaisha, Ltd. (“K” LINE) through the ship-owning company established in Singapore for a new-built LNG ship. “K” LINE has expertise of 40 years in LNG transportation. The LNG ship will be a modern two-stroke vessel having a tank capacity of 1,74,000 cubic metres and will be built by Samsung Heavy Industries Co. Ltd., Korea with which Ship Owning Company has concluded a shipbuilding contract. The contract was signed in the presence of Mr R K Jain, GAIL Director (Finance), Mr Sanjay Kumar, GAIL Director (Marketing) and Mr R K Singhal, GAIL Director (Business Development) by Mr S Bairagi, GAIL Executive Director (Mktg.-Shipping & Intl. LNG) and Mr Satoshi Kanamori, Managing Executive Officer (LNG, Carbon Solution Business), “K” LINE. This is the first long-term time charter contract between GAIL and “K” LINE involving a newly built vessel which is expected to be engaged in transportation of Liquified Natural Gas (LNG) for GAIL in 2027. GAIL currently has four LNG vessels, GAIL Bhuwan, GAIL Urja, Grace Emilia and Maran Gas Pericles, to transport natural gas in a super cooled form. Two more ships are expected to join the fleet next year including one newbuilt vessel on long term charter. GAIL has a diversified sourcing portfolio for over 15 MMTPA which includes supply sources from various geographies both on FOB and DES basis. The company’s LNG fleet is deployed to lift volumes contracted on FOB basis primarily from the North American region and is transported to meet the domestic demand as well as international customers. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal

Shri Kamlesh Sharma superannuates as Executive Director (Mktg-Retail), As he embarks on the next chapter of his life, we wish him all the best in his future endeavours. #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #Superannuation #endeavour #embark

Taking significant strides towards a carbon-neutral India, GAIL is championing sustainability through its Compressed Biogas (CBG) plants. By transforming waste into renewable energy, these plants contribute to cleaner air, reduced carbon emissions, and a greener tomorrow. For more log into: www.gailonline.com #Gail #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #carbon #sustainability #compressedbiogas #renewableenergy #cleaner #GreenerTomorrow

GAIL re-engages Process Licensor for revival of PTA Manufacturing Plant in Mangalore Amendment Agreement signed with INEOS GAIL (India) Limited, through its wholly owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has re-engaged with Process Licensor INEOS to support the plant's revitalization, formalizing this renewed collaboration through an Amendment Agreement signed here today. This marks a significant step towards reviving GMPL’s 1.25 MMTPA Purified Terephthalic Acid (PTA) manufacturing plant in the Special Economic Zone (SEZ), Mangalore. This collaboration marks a pivotal development in bringing the PTA plant back into production. The original agreement with INEOS was executed by JBF Petrochemicals (JBF), which could not be realized due to insolvency proceedings. Following GAIL's acquisition of JBF through the Corporate Insolvency Resolution Process (CIRP) under the National Company Law Tribunal (NCLT) in June 2023, the company is now working to overcome the legacy challenges and ensure the plant’s successful on-streaming and long-term operational stability. Speaking on the occasion, Shri Ayush Gupta, Chairman, GMPL said, “Through this strategic partnership and renewed focus, GAIL aims to position GMPL as a key player in the domestic PTA market while supporting the country’s growth in petrochemical manufacturing.” Shri R.K. Singhal, Director (BD) GAIL, said, “The successful realization of this project is expected to have a positive impact by reducing the country’s import burden and strengthening India’s manufacturing capabilities in the petrochemical sector.” The amended agreement with INEOS is expected to enhance the plant's operational efficiency, align production capabilities with market demand, and contribute to India’s vision of self-reliance as part of the Government of India’s Atmanirbhar Bharat initiative. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #Gail #GAILIndia #EnergizingPossibilities #WahKyaEnergyHai #ptamanufacturing #petrochemicals #atmnirbharbharat #production

Celebrating Employee Achievements at GAIL! Congratulations to Dr. R.S. Velmurugan, CGM (HR), for receiving the prestigious Employee Experience Leader Award at ETHR World’s 2nd edition! This recognition honors GAIL’s efforts in creating exceptional employee experiences, fostering a motivated workforce, and driving overall business success. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #prestigious #success #business

Sh. Deepak Gupta, Director (Projects), GAIL was an esteemed panelist at the 6th PSU Summit organized by The Economic Times - ETGoverment at Kochi from 21-22 Nov 2024 on the theme “PSUs Driving Digital Innovation to Achieve Vikshit Bharat”. The panel had an engaging and insightful discussion on the topic “New frontiers for the PSUs to achieve Energy Security and Sustainable Economic Development”. Speaking on the occasion, Sh. Gupta highlighted the role of Natural Gas to drive sustainable economic growth in India’s evolving energy landscape and provide a cleaner alternative energy source to enhance energy security. He brought to fore the significant contribution being made by GAIL to build the huge gas infrastructure to increase the usage of natural gas from present ~7% to 15% in primary energy basket in the country by 2030. He reiterated the need for an enabling policy framework to boost the consumption of natural gas by key industrial sectors such as Power, Petrochemicals, Refineries and Iron & Steel other than fertilizers and CGD. To promote digitalization and adoption of new digital technologies such as AI & ML in the organisation, Sh. Gupta underpinned GAIL’s reputation for being a digitally advanced organization and pioneering the deployment of latest & emerging technologies in its operations. He shared several new digitalization and industry-first initiatives of GAIL such as Vendor Invoice Management (VIM), Open Access Portal, C-SCADA, Remote Operations & Pipeline Intrusion Detection System besides initiatives in Advance Process Controls and IT-OT integration etc. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities

Delighted to attend the FIPI Oil and Gas Awards Ceremony yesterday. Among the large knowledgeable audience were captains of the industry, energy sector professionals and officials whose rich experience in conventional energy sources and efforts towards innovations in alternative energy sources are propelling India’s green energy transition under the dynamic leadership of PM Narendra Modi Ji. India is the world's third-largest importer of crude oil and consumer of energy and will account for 25% of the global increase in energy consumption in the next two decades. We are moving towards a stronger knowledge economy. In the last five years, Indian entrepreneurs filed more than 1,400 patents in deeptech. India now has the third-largest start-up ecosystem in the world, with more than 1 lakh start-ups and nearly 120 unicorns. On the energy front India has undertaken landmark reforms in the upstream, midstream, and downstream sectors of Hydrocarbon industry in India which have led to diversification of crude supplies, gas pricing reforms, opening up of NO-GO areas, amendments in ORD Act, increasing exploration acreage, expanding refinery capacities, increased ethanol blending% in petrol, expanding CGD & LPG infrastructure in the country are aimed to lay foundation of a sustainable, affordable and secure energy future for Indian citizens. India is the only country in the world where fuel prices have come down over a 3-year reference period. LPG cylinder prices in India after price cuts and subsidies are one of the lowest globally; even lower than that of energy producing nations. Cooking costs only ₹6/day for a PMUY household and ₹14/day for non-PMUYhouseholds. Our refining capacity is set to expand to 310 MMTPA by 2028. We are aiming to increase the explored area to 16% by 2025 after OALP rounds; & have set the target to increase India's exploration acreage to 1 million square km by 2030 while we have successfully reduced no go areas in EEZ by 99%. India has taken giant strides in the area of green energy transition with ethanol blending in petrol at 16% in 2024 poised to reach 20% next year. We are today, in terms of biofuel blending, the second largest economy after Brazil, and are selling E20 mixed fuel in 17,200+ stations around the country & E100 in 4 states. #FIPIAwards

GAIL (India) Limited observed Constitution Day at corporate office, with great enthusiasm and reverence. Shri Sandeep Kumar Gupta, CMD, GAIL, and Shri R. K. Jain, Director (Finance), led the reading of the Preamble in English and Hindi, respectively, with active participation from GAIL employees. The event also witnessed the presence of Shri Deepak Gupta, Director (Projects), and Shri R. K. Singhal, Director (Business Development), and other senior officials from GAIL. This day serves as a reminder of the fundamental principles enshrined in the Constitution of India, reaffirming our commitment to its values of justice, liberty, equality, and fraternity. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #Gail #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #ConstitutionDay #justice #liberty #equality #fraternity

GAIL (India) Limited has received the “Initiatives in Promoting Hydrogen Company of the Year” Award in the prestigious FIPI Oil & Gas Awards 2023 held today. Shri Hardeep S. Puri, Hon'ble Union Minister of Petroleum and Natural Gas presented the award to Shri Sandeep Kumar Gupta, CMD GAIL. Shri Suresh Gopi, Hon'ble Union Minister of State for Petroleum and Natural Gas and Shri Pankaj Jain, Secretary, MoPNG were also present on the occasion. Shri R. K. Jain, Director (Finance), Shri Deepak Gupta, Director (Projects) and Shri Ayush Gupta, Director (HR), GAIL were also present on the occasion. The award recognizes GAIL’s significant contributions to the advancements in the field of Hydrogen and for initiatives in the field of Hydrogen through substantial capex investments and advancements in R & D. The award recognizes GAIL’s unwavering commitment to driving India's aspiration for clean energy transition and energy security with innovative and sustainable energy solutions. GAIL received the award for implementing the 4.3 TPD Green Hydrogen pilot project at Vijaipur (Madhya Pradesh). This pilot project is a cornerstone in the GAIL’s Net Zero journey and aligns with the National Green Hydrogen Mission (NHGM) of Government of India. The project is based on a 10 MW Proton Exchange Membrane (PEM) Electrolyser to produce 99.999% pure Hydrogen. This project is a testament towards promoting Hydrogen eco-system in India. The FIPI Awards recognize excellent initiatives, transformations in the industry and the companies that have overcome various challenges and remained steadfast towards excellence. Hardeep Singh Puri Ministry of Petroleum and Natural Gas Govt of India Federation of Indian Petroleum Industry - FIPI CA Sandeep Kumar Gupta, DF.IOD CMA Rakesh Kumar Jain Deepak Gupta Ayush Gupta Sanjay Kumar Rajeev Kumar Singhal #GAIL #GAILIndia #WahKyaEnergyHai #EnergizingPossibilities #FiPi #initiative #hydrogen #ecosystem #excellence #transformation

CNG is paving the path towards cleaner air and greener cities, making it a key driver in sustainable transportation. As a low-emission, eco-friendly fuel, CNG significantly reduces air pollution, creating a healthier environment. This World Sustainable Transport Day let’s switch to CNG for a future that’s not only cleaner and greener but also more economical and reliable. For more log into: www.gailonline.com #Gail #GAILIndia #EnergizingPossibilities #WahKyaEnergyHai #compressednaturalgas #fuel #lowemission #Environment