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.


Discussion

No Comment Found