Wednesday 1 January 2014

GGCL executes gas supply contracts with GSPC

Gujarat Gas Company (GGCL) has executed Gas Supply Contracts with Gujarat State Petroleum Corporation (GSPC) for supply of Regassified LNG up to 0.65 million metric standard cubic metre (mmscmd) on long term basis comprising of - Purchase of 0.574 mmscmd between period March 01, 2014 up to July 01, 2025, and Purchase of 0.076 mmscmd between period January 01, 2014 upto July 01, 2025. 

The Memorandum of Understanding was executed between GGCL and GSPC on September 03, 2013.

Gujarat Gas Company, a 65.12 percent subsidiary of BG Asia, is India’s largest private sector natural gas distribution company in terms of sales volumes, with operations in Gujarat. The company distributes natural gas to domestic, commercial and industrial consumers, and compressed natural gas as automobile fuel, in the cities of Surat, Ankleshwar, Bharuch, and surrounding areas.

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