GAIL forms LNG joint venture with Japan's MOL
after close1 source ↓written by the desknot a recommendation
- during India Energy
- 27 Jan 2026
- and GAIL
- 74%
- and GAIL
- 26%
GAIL (India) has signed a long-term charter agreement with Mitsui O.S.K. Lines (MOL) for the LNG carrier, Gail Bhuwan. This partnership, finalized on 27 Jan 2026 during India Energy Week, establishes LNG Japonica Shipping Corporation, with MOL holding 74% and GAIL 26%. This collaboration enhances LNG shipping capabilities and supports growing energy demand. ⚡
Not investment advice. For informational purposes only.