GAIL India Q4 Review – Oil And Spot LNG Surge To Drive Strong Rebound: ICICI Securities

Bloomberg Quint | Jun 10, 2021 at 12:55 PM
  • BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies.
  • We estimate FY22E gas marketing Ebitda to be up Rs 31 billion YoY as surge in oil and spot LNG versus modest rise in Henry Hub gas price would mean sale of Henry Hub-linked U.S. LNG at higher oil/spot LNG-linked prices.
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