U.S. Shale Gas Assets Target for India's GAIL, France's EDF
Posted on February 06, 2013 at 02:48 AM EST
SUGAR LAND--February 6, 2013--Written by Richard Finlayson, Editor Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Indian state-controlled gas utility and pipeline operator Gas Authority of India Limited (GAIL) (New Delhi, India) is joining forces with a unit of the French energy major EDF (PARIS:EDF) to jointly bid for natural gas and shale gas assets in the U.S. to meet India's ever-growing demand for the fuel. Other companies featured: Carrizo Oil & Gas (NASDAQ:CRZO)