Energy Infrastructure Trust operates the country’s first bi-directional natural gas pipeline, a 1,485 km corridor connecting gas-producing fields on the east coast with key industrial and urban markets in the west.
The order has propped up MAN Industries' total unexecuted orderbook to an all-time high of Rs 4,700 crore, with exports making up nearly 80 percent of the share.
Russia has been in talks for years about building the pipeline to carry 50 billion cubic metres (bcm) of natural gas a year from its Yamal region to China via Mongolia
PNGRB Member Gajendra Singh said building infrastructure for gas should not solely be considered as a source of income by state governments, but also as an opportunity for creating a facility for people.
There are no final conclusions, the people said. Officials are expected to give more details on the investigation later on Tuesday. European gas prices rose as much as 12.5%.