Hazira LNG Terminal

Essar Group on Friday announced a USD 2.4 billion (Rs 19,000 crore) deal to sell its ports business to Arcelor Mittal Nippon Steel Ltd. In a statement, Essar said it has signed definitive agreements with ArcelorMittal Nippon Steel for certain ports and power infrastructure assets which are primarily captive to Hazira steel plant operations. "The deal also envisages a 50-50 Joint Venture partnership, for building a 4 MTPA LNG terminal at Hazira, Gujarat, between Essar and ArcelorMittal," it added.

The company is seeking the cargo for delivery into Hazira terminal

GAIL said about 30 MMSCMD of natural gas supplies into GAIL's north-western pipeline network was immediately shut by the upstream major to contain any further damage

Business model geared towards short-term contracts, says Singh in his interview with Business Standard