GAIL open to buying Russian oil and gas assets, says Chairman Manoj Jain

Stocks

European countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on February 24.

Reuters

May 27, 2022 / 06:21 PM IST

GAIL

GAIL

India’s largest gas transmitter GAIL is open to buying Russian oil and gas assets shunned by Western companies after Moscow’s invasion of Ukraine, the company’s chairman Manoj Jain said on Friday.

European countries and the United States have imposed heavy sanctions on Russia since Moscow sent troops into Ukraine on February 24.

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