GSPC is a Gujarat State Govt PSU. It has own exploration blocks, found gas in KG basin and is building Gas Pipeline from East Coast to Gujarat. This is the model Assam should adopt.
On Thu, Sep 2, 2010 at 8:47 PM, Dilip Deka <dilipd...@yahoo.com> wrote: > Is GSPC a central govt. PSU similar to ONGC? Or was it formed by Gujarat > state govt.? > If it belongs to the state, how does it negotiate international trade that > Assam cannot and does not? Just curious. > ============================================================= > > India's GSPC to Import More LNG Amid Gas Shortage > by Asia Pulse Pte Ltd > September 01, 2010 > > > > > > > > > > writeSWFHTML( 'edgen_s_sep10' , 'objSquareFlashAd' , ' > http://cdn.bishopinteractive.com/flash/EdgenMurray/edgen_s_sep10.swf', ' > http://cdn.bishopinteractive.com/flash/EdgenMurray/edgen_s_sep10.gif', > 250, 250, ''); > > > Indian public sector unit (PSU) oil and gas firm, Gujarat State Petroleum > Corporation (GSPC), Monday said it will import additional cargoes of LNG in > wake of shortfall arising due to 'ongoing' force majeure in Panna-Mukta > fields since July. > > GSPC on Monday imported its fourth LNG cargo of this year, under the short > term supply contract with a Spanish company Gas Natural, which was offloaded > at the Hazira LNG Private Ltd's regassification terminal. > > "LNG carrier Castillo de Villalba, loaded from Trinidad and Tobago > containing over 53,000 metric tons of LNG, was discharged at the Hazira LNG > Private Ltd's regassification terminal on Friday last," a company statement > stated. > > Force majeure in Panna-Mukta fields since July 20, has affected various > entities in the power city gas distribution as well as the fertilizer > sector, it stated. > > "In view of the shortfall of gas arising due to it, we plan to import > additional few spot cargoes of LNG from the international markets," GSPC > stated. > > BG Group Plc of UK had shut crude oil and natural gas production from the > Panna-Mukta fields, off the west coast, after a leakage in the sub-sea > pipeline was reported in mid July. > > Crude output of about 40,000 barrels per day and natural gas production of > 5.5 million standard cubic meters per day were halted due to the leakage. > > GSPC proposes to sell gas to city gas distribution, industrial customers, > and power companies across Gujarat, using the state-wide gas grid of its > subsidiary Gujarat State Petronet Limited. > _______________________________________________ > assam mailing list > assam@assamnet.org > http://assamnet.org/mailman/listinfo/assam_assamnet.org > _______________________________________________ assam mailing list assam@assamnet.org http://assamnet.org/mailman/listinfo/assam_assamnet.org
