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Govt asks Gail to cut gas supply to non-priority sectors for retail needs

21 Aug 2014 Evaluate

The Government has ordered State gas utility GAIL India to cut natural gas supplies from non-priority sectors such as steel and petrochemicals so as to meet the full requirement of CNG retailers such as Indraprastha Gas.

The Petroleum Ministry has revised guidelines for the allocation/ supply of domestic natural gas to city gas distribution (CGD) entities for the CNG and piped cooking gas sector. Further, the gas would be supplied at uniform base price to each CGD entity.

GAIL is India's flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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