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GAIL appoints finance director

LNG Industry,

GAIL announced that Shri Subir Purkayastha has been appointed to the position of Director (Finance).

Shri Subir Purkayastha has almost 30 years of experience in the areas of corporate finance and treasury, including finalisation of long-term LNG and gas agreements, liquefaction and regasification terminal service agreements and joint venture agreements.

Prior to his appointment as Director (Finance), he held the position of Executive Director (Finance & Accounts) in GAIL.

In addition to serving a long tenure at the GAIL corporate office, Shri Subir Purkayastha was on secondment to Petronet LNG between 1998 and 2002. Here, he was actively engaged in the selection of an LNG supplier and the finalisation of the first ever LNG supply agreement in the country with RasGas. He was also responsible for a time charter agreement with a Japanese shipping consortium and an EPC contract for the construction of the Dahej regasification terminal.

Adapted from press release by Katie Woodward

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