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New Delhi, Dec 9: State gas firm GAIL (India) has signed an agreement with Mukesh Ambani’s Reliance Gas Transportation Infrastructure Ltd for transmission of natural gas from the Krishna-Godavari (KG) basin.
The agreement was signed in New Delhi by GAIL director (marketing) BC Tripathi and RGTIL director RK Dhadda, a GAIL press release said here.
The Gas Transmission Agreement (GTA) provides for transportation of natural gas from the exploration block located in the KG basin in the east coast of India through GAIL's network and for booking of capacity by GAIL in RGTIL's east-west pipeline.
GTA is a framework agreement that provides for booking of capacity through execution of Capacity Tranche Agreements (CTA). GAIL currently has a network of about 6,700 km with transmission capacity of about 150 million standard cubic meters per day of gas.
RGTIL is laying a 48-inch (diameter), 1,400-km long east-west pipeline from Kakinada to Gujarat. GTA is a sequel to the MoU signed between the two companies in March this year for cooperation in identified areas in natural gas sector.
—PTI
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