GSPC-RIL sign biggest ever Gas Transportation Agreement

Gandhinagar, Mar 31 (UNI) The Gujarat State Petroleum Corporation today signed Gas Transportation (GSPC) Agreement with Reliance Gas Transmission and Infrastructure Ltd for transportation of 3.5 MSMCMD of natural gas from its largest KG basin discovery at Kakinada in Andhra Pradesh to Gujarat.

The state-owned company--Gujarat State Petronet Ltd--also signed another agreement with RIL to transport 11 MSMCMD of natural gas from Bhadbhut in Bharuch to RIL's Refinery and Petrochemical complex in Jamnagar.

Under the agreement, RIL has an option to increase the volumes of gas upto 14 MSCMD. RIL would transport portion of its KG Gas from Kakinada through its east west pipeline and deliver the same to GSPL at Bharuch.

For transportation of gas, GSPL would use its existing pipeline and develop new pipelines between Bharuch to Hadala and Rajkot to Jamnagar.

D J Pandian, Managing Director of GSPCL and PMS Prasad, President and CEO-Petroleum Business, RIL signed the agreements in the presence of Mr Saurabh Patel, Minister of state for Energy and Petrochemicals and D Rajgopalan, IAS, Chairman, GSPC and other officials from GSPC and Reliance Group.

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