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| 1. |
Which company get an approval from PNGRB for selling its loss-making east-west natural gas pipeline to Canadian investor Brookfield? |
| Answer» Mukesh Ambani's Reliance Gas Transportation Infrastructure Ltd. has won oil regulator Petroleum and Natural Gas Regulatory Board's (PNGRB) approval for selling its loss-making east-west natural gas pipeline to Canadian investor Brookfield. A decade back Brookfield built a 1,400-km pipeline from Kakinada to Bharuch to transport natural gas discovered in a KG basin block operated by Reliance Industries. The pipeline has a capacity to transport 80 million standard cubic metres per day of natural gas and is currently operating at less than 5% of its capacity as output from KG-D6 block of RIL. | |