MoneyWorks4Me

GGCL inks pact with Gujarat State Petroleum Corporation

28 Dec 2012 Evaluate

Gujarat Gas Company (GGCL) has inked pact with Gujarat State Petroleum Corporation on December 27, 2012. The company has entered into an agreement with Gujarat State Petroleum Corporation for the purchase of re-gasified LNG (RLNG) volumes of up to 1.1 mmscmd for the period from January 01, 2013 to January 31, 2013 on a firm basis. 

Gujarat Gas, a 65.12 per cent subsidiary of BG Asia, is India’s largest private sector natural gas distribution company in terms of sales volumes, with operations in Gujarat. The company distributes natural gas to domestic, commercial and industrial consumers, and compressed natural gas as automobile fuel, in the cities of Surat, Ankleshwar, Bharuch, and surrounding areas.

Peers
Company Name CMP
Petronet LNG 285.50
Linde India 6150.20
IRM Energy 268.05
Steamhouse India 111.03
Nilachal Carbo Metal 118.75
View more..