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Realisation from crude oil may improve for Oil India

Realisation from crude oil may improve for Oil India

Goldman Sachs recently released outlook for the stocks of some of the companies in the oil and gas sector. The brokerage expects improved outlook for the scrip of Oil India owing to fuel price increases and potential gas price hike. Goldman Sachs expects Oil India's net crude realization to improve from $54 in current fiscal to $58.2 per barrel in 2014

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Realisation from crude oil may improve for Oil India

Realisation from crude oil may improve for Oil India

Goldman Sachs recently released outlook for the stocks of some of the companies in the oil and gas sector. The brokerage expects improved outlook for the scrip of Oil India owing to fuel price increases and potential gas price hike. Goldman Sachs expects Oil India's net crude realization to improve from $54 in current fiscal to $58.2 per barrel in 2014

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GSPL expects recovery in volumes

GSPL expects recovery in volumes

Manish Sheth, Chief Financial Officer of Gujarat State Petronet (GSPL) expressed hope that the gas transmission volume of the company would recover once the global gas prices decline to some extent. In the last 11-12 quarter, the company has been witnessing fall in its volumes because of continuous fall in gas production from KGD6 basin. GSPL's transmission volu

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GSPL expects recovery in volumes

GSPL expects recovery in volumes

Manish Sheth, Chief Financial Officer of Gujarat State Petronet (GSPL) expressed hope that the gas transmission volume of the company would recover once the global gas prices decline to some extent. In the last 11-12 quarter, the company has been witnessing fall in its volumes because of continuous fall in gas production from KGD6 basin. GSPL's transmission volu

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J&K govt mulls ordinance to begin pipeline project

J&K govt mulls ordinance to begin pipeline project

According to media reports, the Jammu and Kashmir government plans to introduce an ordinance for beginning work on the Bhatinda-Jammu-Srinagar gas pipeline project. It may be noted that the Gujarat State Petronet (GSPL), a subsidiary of Gujarat government, secured the

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PLL agrees to allot capacity to GSPL

PLL agrees to allot capacity to GSPL

Recently, Petronet LNG (PLL) signed an agreement with the Gujarat State Petronet to allot 1 Million Tonne Per Annum (MTPA) of capacity in its natural gas re-gasification terminal at Dahej. PLL agreed to allot the capacity to the firm for a period of 20 years starting from 2016

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GSPL bags Bathinda-Srinagar pipeline project

GSPL bags Bathinda-Srinagar pipeline project

Gujarat State Petronet (GSPL) has been awarded the Rs 855-crore Bathinda-Jammu-Srinagar gas pipeline project by the Union government.This was revealed at a high level mee­ting of officers chaired by Chief Secretary Madhav Lal, who reviewed 750-km long Bathinda in Punjab via Jammu to Srinagar gas pipeline project in Mumbai.

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Gas pipeline to boost natgrid

Gas pipeline to boost natgrid

The Petroleum and Natural Gas Regulatory Board (PNGRB) today granted autho­risation to the State Government-controlled Gujarat State Petronet Ltd-led consortium for constructing the Mallavaram (Andhra Pradesh)-Vijaipur (Madhra Pradesh).