Gujarat Gas Company executes revised agreement with GAIL (India)

20 Dec 2013

Gujarat Gas Company (GGCL) has executed an amendment agreement with GAIL (India) for supply of Administered Price Mechanism (APM) gas for 0.429 million metric standard cubic meters of gas per day (mmscmd) on firm basis & Panna-Mukta and Tapti (PMI) gas for 0.059 mmscmd on firm basis and revision in allocation for PMT gas from existing 2.13 mmscmd to 1.66 mmscmd. The company has taken this step pursuant to the Ministry of Petroleum and Natural Gas (MoPNG) guidelines dated November 14, 2013.

Gujarat Gas Company, a 65.12 percent 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.

Related Gujarat Gas Company Ltd. - (Amalgamation) Links:

Gujarat Gas Co Share Price

745.60 0.00 (0.00%) May 26, 17:02
1 Year Price Chart
Company Name CMP
GAIL India 87.55
Petronet LNG 219.15
Indraprastha Gas 392.00
Linde India 734.95
Confidence Petroleum 20.90
View more..
Sensex vs Gujarat Gas Co
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719