Bc Tripathi

"The long-term deals will be in sync with the oil, the way oil prices goes but you won‘t see the immediate impact because it has last three months or last 12 months average price of crude oil", BC Tripathi, CMD of GAIL told CNBC-TV18 in an interview.

Mahanagar Gas eyes return to profit growth of 7-8% on sales push

Mahanagar Gas (MGL) listed on exchanges today at Rs 540 per share, a 28 percent rise from its issue price of Rs 421 per share. Through the IPO, MGL has raised Rs 1,040 crore with a price band at Rs 380-421.

Lower gas price positive for all stakeholders: Gail CMD

Prices of natural gas will be cut by 7.6 percent to USD 5.18/mmBtu from April 1.

GAIL India Sept quarter net slips 7% on losses in LPG biz

The LPG egment suffered loss as the company had to shell out Rs 700 crore in fuel subsidies.

GAIL's Tripathi gets 5-year extension as Chairman

Tripathi, who is credited with turning GAIL into an aggressive gas marketing and transmission company, was considered the youngest chairman of a Navaratna PSU when he took over at GAIL at the age of 49 on August 1, 2009.

Zero duty on imported gas should be for all sectors: GAIL

Gas Authority of India Limited (GAIL) feels that though the government's decision for no duty on imported gas for power generation, it should be implemented for all purposes, he told CNBC-TV18.

Gas price hike will be positive in long run: Gail India CMD

Post the gas price hike, GAIL will invest significant capex in exploration activities as the price revision will boost its earnings.

GAIL to look at legal action against PNGRB on tariff model

GAIL India may look at legal action against the Petroleum and Natural Gas Regulatory Board which fixed higher tariff for its 4-pipeline sub networks in KG basin

GAIL targets bigger presence in global LNG trading

GAIL wants to boost its liquefied natural gas portfolio to 20 million tonnes a year in the next seven years through acquisitions and supply deals so that it can beef up trading of the super-cooled gas, Chairman B.C. Tripathi said.

Petchem down; asked PNGRB to halt LPG fee revision: GAIL

BC Tripathi, chairman, GAIL explains to CNBC-TV18 that the petrochemical business was adversely impacted by glitches such as a plant shutdown and power-grid failure. Tripathi adds that the PSU is in talks with PNGRB over the reduction of LPG tariff.

PNGRB has no mandate to control our marketing margins: GAIL

In a big boost to gas utility companies, the Delhi High Court ruled in IGL favour yesterday saying PNGRB did not have the authority to fix tariffs. However, this will hardly have an impact on gas transporters like GSPL and GAIL. BC Tripathi, the CMD of GAIL says transmission companies will continue to fall under the ambit of PNGRB.

GAIL eyes up to 2m tonne/year LNG import deal

GAIL India is likely to sign a three-year deal within three months to buy up to 2 million tonnes of LNG annually, Chairman B. C. Tripathi said on Saturday.

GAIL in talks to buy LNG from Macquarie's US plant

State-run GAIL (India) Ltd is in talks to buy liquefied natural gas from suppliers, including Macquarie Energy, which has a share in the US-based Freeport LNG project, GAIL chairman BC Tripathi said on Monday.

FY12 subsidy to be 5-10% higher than in FY11, expects GAIL

BC Tripathi, chairman and managing director of Gail expects to maintain transmission volumes at 120 mmscmd. However, Tripathi feels that the FY12 subsidy will be 5-10% higher than in FY11. The upstream subsidy is expected to be at 33% in FY12, he added.

Fuel subsidy weighed on GAIL’s Q1 results

GAIL India has announced its first quarter results. The company's Q1 net profit was up 11% at Rs 985 crore versus Rs 886.9 crore, year-on-year, YoY.

We don't create O&G so keep us out of subsidy scheme: GAIL

Last Friday's price increase will impact GAIL less, says the CMD, BC Tripathi. In an interview on CNBC-TV18, he says the subsidy burden will be reduced on oil marketing companies (OMCs) and to that extent on GAIL as well.

GAIL India sees FY12 capex at $1.71-bn

State-run gas utility GAIL India has planned capital expenditure of Rs 769.2 crore (USD 1.71 billion) in fiscal 2011-12 as it aims to add 1,800 kilometres pipeline, a company executive said in a presentation.

Oil & gas vs Indian economy, experts say close call

Dr SC Sharma, the OSD for petroleum at the planning commission of India, MR BC Tripathi, the Chairman and managing director of public sector Gail Limited, L Mansingh, the Chairperson of Petroleum and Natural Gas board of India and Bazmi Hussain, the managing director of ABB in India, discuss the petroleum and natural gas sector.