GAIL gets Platts global Industry Leadership Award

New Delhi, December 2, 2005 GAIL (India) Limited has received today in New York, the prestigious Platts global Industry Leadership Award 2005 in recognition of its commitment, continuous good work and collective efforts over a period of 2 decades for the hydrocarbon industry at global level.

GAIL has been selected for the award out of 200 global competing companies. The glittering award ceremony was attended by over 500 industry stalwarts from all over the globe.

GAIL is the only Indian company in the petroleum and natural gas sector to receive the coveted Platts global award.

Apart from the track record and the operating style of GAIL, the judges took notice of the range of other activities relating to environment and customer care, safety, commercial success and innovative skills.

The judging process for the year 2005 relied on the expertise of an impartial panel of international energy experts, including energy ministers, national regulators, former heads of major energy companies, and leading academics and legislators. The judges evaluated the entrants and selected the finalists and winners based on the criteria listed in each category, taking into consideration the company's profile and financial performance from within the designated time-frame.

The Global Energy Awards were established in 1999 to recognize outstanding achievement. The mission of the Platts Global Energy Awards is to single out the energy industry’s star performers, recognizing corporate achievements, the strongest individual efforts, and the most compelling community supporters.

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