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08-16-2008, 10:00 AM
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| Administrator  Name: Adam Dicker Last Online: Today 04:04 PM iTrader: (39) Join Date: Feb 2003
Posts: 10,754
DNF$: 4,589,427 Location: Toronto, Canada
Country:     | GAIL plans total takeover of ONGC's gas marketing (rediff.com) ONGC currently supplies gas directly in isolated pockets of India, mainly in Gujarat and Assam, which contributes around Rs 100 crore (Rs 1 billion) to ONGC's total marketing revenues. In May 1992, gas pipelines and marketing functions related to natural gas were transferred by ONGC to GAIL. However, there are certain isolated pockets where ONGC continues to be the marketing agency. More... |
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