New Delhi, Oct 5: State-owned Gas Authority of India Ltd (GAIL) today said that the gas pipeline network will be extended to 20,000 kms within the next five to six years to form a CNG-corridor which will cut carbon emissions and save Rs 60,000 crore in oil bill.
''With this pipeline a CNG corridor will be established all along the nation,'' company's chairman and managing director U D Choubey told reporters on the sidelines of a energy summit here.
With the expansion of the pipeline network the country can save Rs 60,000 crore of foriegn exchange spent on import of oil products.
India spent Rs 180,000 crore on oil imports in 2006-07 and 75 per cent of 135 million tons oil consumed is by transport sector.
The city gas networks in Delhi and Mumbai can be replicated in a number of cities and the use of environmental-friendly CNG in automobiles will also cut carbon emissions.
Mr Chobey said that many more CNG stations can be set up to augment the 400 CNG dispensing stations already present in the country.
The current pipeline network in the country is around 8,000 kms.