Home / Knowledge / News / Textiles / GAIL signs MoU with Russian ITERA
GAIL signs MoU with Russian ITERA
Feb '08
GAIL (India) Limited signed a Memorandum of Understanding (MoU) with ITERA Oil & Gas Company of Russia for cooperation in projects ranging from participation in CNG projects in Russia, Gas based Petrochemicals opportunities in Russia, E&P opportunities in Russia and CIS countries and cooperation in other projects of mutual interests.

The MoU was signed by Dr. U. D. Choubey, CMD, GAIL and Mr. Igor V. Makarov, Chief Executive Officer, ITERA Oil and Gas Company LLC.

Shri R K Goel, Director (Finance), GAIL, Shri Santosh Kumar, Director (Projects), GAIL, Shri B C Tripathi, Director (Marketing), GAIL and other senior officials of GAIL and ITERA were present on the occasion.

Speaking on the occasion, Dr. U. D. Choubey, CMD, GAIL said that this is a significant step to focus on GAIL's competence in gas based petrochemical projects and CNG in Russia with a major private Russian company.

ITERA is a large player in Oil & Gas Sector in E&P, Gas transmission & distribution, petrochemicals etc. in Russia and CIS.

ITERA has also been operational in many Asian and African E&P assets. ITERA has been operating in various Oil & Gas E&P assets in Russia, CIS and other countries, apart from business interests in Gas to Petrochemicals, Pipelines etc.

GAIL (India) Limited

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search