India, March 26 -- The company will infuse up to $64 million in GGUI in one or more tranches, primarily to reduce outstanding debt related to its shale assets in the Eagle Ford Basin in Texas, US. GAIL Global USA Inc. (GGUI) has 20% ownership in Shale Assets in Eagle Ford basin, Texas, USA. Currently the wells in these assets are under production. The subsidiary reported a turnover of $7.6 million in calendar year 2025.

Following the investment, GAIL will continue to hold 100% ownership in the US subsidiary.

Separately, the company has extended the deadline for the Mumbai-Nagpur-Jharsuguda pipeline project to 30 June 2026 from the earlier target of 1 March 2026. It has also revised the completion date of the Jagdishpur-Haldia-Bokaro-Dha...