Cut gas from non-priority areas for retail needs: Govt to Gail

The government has ordered state gas utility GAIL India Ltd to cut natural gas supplies of non- priority sectors like steel and petrochemicals so as to meet full requirement of CNG retailers like Indraprastha Gas Ltd.

The Petroleum Ministry in an order today said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution (CGD) entities for CNG and piped cooking gas sector.

"...It has been decided to authorise GAIL for diverting domestic gas from non-priority sector to meet the requirement of CNG (transport) and PNG (domestic) segment as per their actual consumption," the ministry said in an order.

The gas would be supplied at uniform base price to each CGD entity.

GAIL will undertake allocation exercise after end of everysix months and supply supply of domestically produced gas to CGD entities based on their average consumption. Any increased requirement of the gas would be met by cutting supplies of non-priority sectors, the order said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
4 + 15 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

EDITORIAL OF THE DAY

  • Back from the US of A, Modi will now have to walk the talk

    It would be no overstatement to suggest that prime minister Narendra Modi’s five-day trip to the US was an exercise in PR diplomacy.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Simon J Evenett

Where the mind leads, actions follow

Whether in business, government, non-profits, or elsewhere, what assumptions underpin ...

Zehra Naqvi

Fading empathy in the modern world

The episode of a man being mauled to death by ...

Gautam Gupta

French fashion icon Gaultier’s pret goodbye

With Gaultier gone, the world of international prêt will never ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture