GAIL takes Alpha Gas LNG Carrier on long-term charter

Photo credit: GAIL, Shri S Bairagi, executive director (Mktg. – Shipping & International LNG) GAIL and Ms. Anna Angelicoussis, owner of Alpha Gas sign a long-term charter party agreement for an LNG carrier.

India’s state-owned natural gas company GAIL (India) Limited has entered into a long-term charter party agreement with Greek shipping company Alpha Gas for the LNG carrier Energy Fidelity.

The charter party agreement was executed between GAIL and Pantheon Maritime Services Private Limited, a Singapore-based affiliate of Alpha Gas.

Shri S Bairagi, executive director (Mktg. – Shipping & International LNG), GAIL (India) Limited, and Ms. Anna Angelicoussis, owner of Alpha Gas, signed the agreement at the Alpha Gas’ headquarters in Athens.

The 2023-built LNG carrier Energy Fidelity, with a cargo capacity of 174,000 cubic meters, is equipped with a two-stroke propulsion system, complemented by advanced – as GAIL (India) said – air lubrication technology and shaft generators.

The charter party agreement marks a key milestone for GAIL (India) Limited under the ‘Maritime Amrit Kaal Vision 2047’, further strengthening India’s maritime infrastructure and energy supply chain capabilities.