Press Releases
[New Delhi, 8th December, 2007]
GAIL - RGTIL
sign Gas Transmission Agreements
New Delhi, December 8, 2007:GAIL (India) Limited and Reliance Gas Transportation Infrastructure Limited (RGTIL) have signed an Agreement for Transmission of natural gas from the Krishna Godavari (KG) basin
The Agreement was signed in New Delhi by Shri B C Tripathi, Director (Marketing), GAIL and Shri R K Dhadda, Director, RGTIL in the presence of Shri M R Hingnikar, Director (HR), Shri Santosh Kumar, Director (Projects) and Shri A K Purwaha, Director (BD) from GAIL along with other senior officials from both the companies.
GAIL currently has a network of about 6700 km with transmission capacity of about 150 MMSCMD. The utilization of the pipeline asset will be increased by such arrangement. RGTIL is laying a 48 inch (diameter), 1400 km long East-West pipeline from Kakinada to Gujarat.
The Gas Transmission Agreement (GTA) is a sequel to the Memorandum of Understanding (MoU) signed between the two companies in March this year for cooperation in identified areas in natural gas sector. The MoU envisaged that the two companies would formalize the arrangements for cooperation through Agreements and contracts in specific areas. The GTA will be followed by specific contracts.
Shri B C Tripathi, Director (Marketing) GAIL and Shri R K Dhadda, Director, RGTIL exchanging MoU in the presence of Shri M R Hingnikar, Director (HR), GAIL (in the left).