GAIL plans total takeover of ONGC's gas marketing (rediff.com)

[Adam DickerAdam Dicker is verified member.]

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.

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[herrylothar]

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