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    • Gujarat State Petronet to buy 28.4% stake in Gujarat Gas, funding via debt

      Gujarat State Petronet to buy 28.4% stake in Gujarat Gas, funding via debt

      Gujarat State Petronet Ltd, the Natural gas transmission company is slated to buy 28.4% stake in Gujarat Gas from Gujarat State Petroleum Corporation.

    • Targeting 10-15% volume growth this fiscal: Gujarat Gas

      Targeting 10-15% volume growth this fiscal: Gujarat Gas

      After the government cut gas prices to USD 2.50 per unit on Friday, Gujarat Gas says it will try to maximise the benefit of the price cut that can be passed on to customers.

    • Gas prices may fall to $ 2.40-2.45/unit on GVC basis: ONGC

      Gas prices may fall to $ 2.40-2.45/unit on GVC basis: ONGC

      Despite the price fall, ONGC is confident of volumes improving on back of project implementation, says AK Srinivasan, Director - Finance at ONGC.

    • Expect Rs 250-cr profit in FY17; focus on volumes: Gujarat Gas

      Expect Rs 250-cr profit in FY17; focus on volumes: Gujarat Gas

      Expansion of network, volume growth to boost Gujarat Gas' performance in FY17, says Non-executive Chairman GR Aloria.

    • Govt cuts natural gas prices by 16% to $4.24 per mmBtu

      Govt cuts natural gas prices by 16% to $4.24 per mmBtu

      Speaking to CNBC-TV18, Ex-ONGC head, RS Sharma said the development is a big negative and the government will have to work to revive formulation in order to promote the exploration and production (E&P) sector.

    • Aim to grow business in competitive segments: Gujarat Gas

      Aim to grow business in competitive segments: Gujarat Gas

      Gujarat Gas aims to focus on segments and applications where gas is still very competitive not only economically, but because of its other attributes, says MD Sugata Sircar.

    • Sound growth strategy in place; RLNG will remain: Guj Gas

      Sound growth strategy in place; RLNG will remain: Guj Gas

      Sugata Sircar, MD, Gujarat Gas explains to CNBC-TV18 that the implementation of a sound strategy has restored the company‘s financials over a nine-month period. He adds that the share of RLNG in the gas-sourcing mix will remain and he is working on several solutions to reduce the impact of the increased and fluctuations in cost.

    • LNG hikes in the offing if prices rise: Gujarat Gas

      LNG hikes in the offing if prices rise: Gujarat Gas

      Shaleen Sharma MD of Gujarat Gas tells CNBC TV-18 that although, the retrospective aspect of the Petroleum and Natural Gas Regulatory Board (PNGRB) order was a cause of concern, the decision for 65% BG stake sale in Gujarat Gas has not yet been finalized.

    • Delay in govt decision making hurting output: Gujarat Gas

      Delay in govt decision making hurting output: Gujarat Gas

      Hasmukh Shah, chairman of Gujarat Gas is worried about the stoppage of further oil and gas production due to delay in decision making by the government.

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