GAIL Financial Overview slide image

GAIL Financial Overview

Challenges in Energy Transition • Race to Net Zero, high oil & gas prices coupled with the recent geopolitical developments has lead to a clear call to solve the dual challenges of energy security and energy transition . Experts trying to understand if this energy shock is a one-off event Or ⚫ is it the first of what will be several crises resulting from straining too hard to bring 2050 carbon-reduction goals rapidly forward • Are we potentially prematurely choking off investment in hydrocarbons, thus triggering future shocks? • Gas playing an important role in the energy transition by providing the reliable energy needed to fuel growth and improved living conditions for all, producing this energy with decreasing emissions to support a net-zero world.
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