Online
|
|
+ve news for GSPL
Posted by :
kskarthickeyan
Cabinet may take up regulated gas price hike issue soon...+VE FOR GAIL,ONGC,GSPL,etc...
Buy now......
GSPL a net gainer
Posted by : kskarthickeyanwill do that ar_akm.Thanks for ur reply....
GSPL a net gainer
Posted by : kskarthickeyani am from Coimbatore. Got placed in Citibank,Singapore. Leaving India within couple of month. ...
GSPL a net gainer
Posted by : newoneThanks KsK. Btw, where are you from in TN ? Am from Nellai....
GSPL a net gainer
Posted by :
ar_akm
Hi kskarthickeyan, Thanks for update & Keep this good work going on !!
...
GSPL a net gainer
Posted by : kskarthickeyan
Dear Newone,
Vanakkam
The current volume is 38 mscmd (Million Standard Cubic Metres per Day) and is expected to be around 40 mscmd in December.
It will boost the revenue.
Thanks and Regards,
Karthikeyan.K.S
Note: Do your own analysis before getting into any script. "Buying a better company in fair price is always better than Buying a fair company in better price".
...
GSPL a net gainer
Posted by : newoneHello KsK, Vanakkam.. Is the current volume transported 38 or 28 ?...
GSPL a net gainer
Posted by : kskarthickeyan
Spot LNG players expect to grow despite rising gas production
RIL may stop taking supplies from Shell, Petronet by month end.
Our Bureau
Kolkata, Nov. 7
Despite the spot LNG (liquefied natural gas) business being hit by the sharp rise in domestic natural gas production, most stakeholders in the business expect to post a growth due to their diversified business model and product portfolio.
The major players include Shell, Petronet LNG Ltd (PLL) and the GSPC group.
Shell major loser
Sources say that Shell is expected to post a drop in volumes in the immediate future.
Shell does only spot business from its Hazira terminal. Company officials were not available for comment.
According to sources, Reliance Industries Ltd (RIL) has indicated to the pipeline transporter Gujarat State Petronet Ltd (GSPL) that with D-6 gas allocation for its own use, it could stop taking supplies of 9-10 million standard cubic metre a day (mscmd) of spot LNG from Shell and Petronet by end of this month.
RIL emerged the single largest buyer in this market in the last few months. RIL sources have confirmed the move.
PSU power major NTPC Ltd has also informally indicated a sharp drop in its spot procurement of nearly 2.5 mscmd.
“We are expecting the arrival of spot cargoes (each having 65,000 tonne of LNG to be converted into 80 mscmd R-LNG) to come down from 6-7 to 2 from December,” an industry source said.
GSPL a net gainer
The drop in spot volume will be more than compensated by an increase in domestic gas supplies for the carrier GSPL.
The current volume that is being transported, of approximately 38 mscmd, will increase to 40 mscmd in December, according to sources. As D-6 steps up production in phases, GSPL’s prospects will only brighten during the rest of the fiscal.
Petronet LNG neutral
According to Mr Prasad Dasgupta, Chairman and Managing Director of PLL, while his company will lose the marketing margin on brisk spot business during the last few months, an increase in supplies of term gas beginning December and the resulting increase in regassification revenue will make up for this loss.
The company will get an additional term supply from RasGas taking the total tied up volume from 6.5 mtpa in October to 7.5 mtpa.
In addition, the company has entered into agreements for supplying 0.5 mtpa spot R-LNG to a PSU fertiliser company with immediate effect and 1 mtpa to the upcoming Pragati Power in Delhi beginning March 2010....
Target 120+ in a month
Posted by : kskarthickeyanResults are above expectation.. One can hold this stock for a target of 120+ in a month. Intra traders Shall take BTST at CMP for a target of 93. Gud buy...
Buy GSPL
Posted by : sachinlakecityBuy GSPL.it is good stoke....
GSPC in talks with Gazprom, STG for J&K pipeline
Posted by : O.G.VananiGSPC, through its subsidiary Gujarat State Petronet Ltd (GSPL) is planning to lay down pipeline network from Gujarat to Punjab right upto Jammu and Kashmir. The 960 km pipeline will be laid between Mehsana to Bhatinda in first phase. Later on, it will be extended by about 450 km from Bhatinda to Srinagar, sources privy to the development said....
Target 120 in short term
Posted by : kskarthickeyanGuys.. start Accumulating this script. It will bounce back like anything. The results are more than market expectation. Strong buy at these levels. Target 120 (Jan 2010)...
NSE Announcements on Guj State Petro
Posted by : GuestGSPL will touch 120 soon...
NSE Announcements on Guj State Petro
Posted by : MMB MessengerGujarat State Petronet Limited has informed the Exchange that the Annual General Meeting of the Company is scheduled to be held on December 03, 2009. Further, the Register of Members and Transfer Books for equity shares of the Company will remain closed for the period from November 28, 2009 to December 03, 2009 (Both Days inclusive) for the purpose of payment of dividend for the financial year 2008-09....
BSE Announcements on Guj State Petro
Posted by : MMB MessengerGujarat State Petronet Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from November 28, 2009 to December 03, 2009 (both days inclusive) for the purpose of Payment of Dividend & 11th Annual General Meeting (AGM) of the Company to be held on December 03, 2009....
