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GAIL India Bags Two Prestigious Awards at Asian Oil and Gas Awards

The accolade acknowledges GAIL's excellence in executing innovative projects within India's oil and gas sector.

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New Delhi, November 14, 2023: GAIL, India’s leading natural gas company and a public sector undertaking, clinched two prestigious awards at the Asian Oil and Gas Awards event held in Kuala Lumpur, Malaysia.

1. Innovation Award-India: Reducing LNG Shipping Costs and Emissions

GAIL received the coveted “Innovation Award-India” for its commendable efforts in reducing LNG shipping costs and emissions. The recognition stemmed from GAIL’s implementation of Ship-to-Ship (STS) transfer of LNG with backhauling. The groundbreaking move contributed to a significant reduction in both cost and environmental impact.

2. Midstream Project of the Year-India: First Floating CNG Station at Varanasi

GAIL was also honored with the “Midstream Project of the Year-India” for its pioneering project – the installation of the first floating Compressed Natural Gas (CNG) station in Varanasi. This accolade acknowledges GAIL’s excellence in executing innovative projects within India’s oil and gas sector.

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Details of the Achievement

GAIL’s charter hired the LNG vessel AI Gharrafa from QatarGas in Gibraltar, marking the world’s first STS between a large conventional LNG vessel and a Q-Flex LNG Vessel. This unique transfer involved cargo movement from Castillo De Santisteban to AI Gharrafa, resulting in substantial savings.

The innovation led to:

  • Saving approximately 8736 nautical miles, equivalent to around 7000 tonnes of CO2 emissions.
  • Shortening the voyage of GAIL’s chartered vessel from 54 days to approximately 27 days.

Impact on Environmental Conservation

This groundbreaking approach aligns with GAIL’s commitment to environmental sustainability, demonstrating a remarkable reduction in carbon footprint and setting new standards in the industry.

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Also Read |  India proposes Green Hydrogen Cities

Floating CNG Station in Varanasi: Transforming Waterway Transportation

GAIL’s floating CNG station on the River Ganga at Namo Ghat, Varanasi, is a pioneering initiative globally. The station facilitates the use of cleaner fuel, CNG, for powering boats, contributing to a gradual transition from polluting fuels to cleaner and more affordable alternatives.

GAIL has successfully created a CNG dispensing infrastructure that adapts to the varying water levels, ensuring a seamless and reliable supply of cleaner fuel.

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The Varanasi project signifies GAIL’s commitment to sustainable practices and its role in transforming the transportation landscape, particularly in the realm of waterway transit.

Also Read | GAIL Mangalore Petrochemicals Plant to be commissioned by March 2025

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