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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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PNGRB clears GSPL grid proj

PNGRB clears GSPL grid proj

Gujarat State Petronet (GSPL) received authorisation from the gas regulator Petrol­eum and Natural Gas Regulatory Board (PNGRB) to lay 4,000 km long pipelines on thr­ee routes at an investment of Rs 12,500 crore.