The oil price came in at USD 2.577 billion for the first quarter, below the USD 3.225 billion reported in the same period the previous year but above the USD 2.239 billion reported in the last quarter of 2014.
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.