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Gujarat Gas in pact with GSPC

Oil & Gas
January 1, 2014January 1, 2014
Gujarat Gas in pact with GSPC
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Gujarat Gas Co (GGCL) has executed a long-term gas supply contract with its parent Gujarat State Petroleum Corporation (GSPC) for the purchase of 0.65 million metric standard cubic metre per day (mmscmd) for next 12 years. Under the agreement, GSPC will supply imported re-gassified liquefied natural gas (R-LNG) to GGCL from 1 January 2014 up to 1 July 2025. The move is seen as a major relief for GGCL, as it will get assured gas supply for a long period.

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