GAIL nears sale of 20% Eagle Ford shale stake
Executives said GAIL's US unit is close to selling its entire 20% stake in oil and gas assets at the Eagle Ford shale basin in Texas, after receiving expressions of interest.
GAIL (India)'s US unit is close to selling its entire 20% stake in oil and gas assets in the Eagle Ford shale basin in Texas, executives aware of the development said. The state-run gas distributor has received a few expressions of interest from US-based companies and is reviewing the offers.