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%.
A final decision on the prestigious project will be taken this month, he added.
Petroleum and Natural Gas Regulatory Board approved levelised unified tariff for natural gas pipeline of Rs 73.93 per metric million British thermal unit (MMBtu).
The new tariff, which is 45 percent higher than the current rate, to come into effect on April 1, 2023.
The foundation stone of this pipeline was laid by both Prime Ministers in September 2018. Numaligarh Refinery Limited has been supplying petroleum products to Bangladesh since 2015.
The flow of gas through the "Urengoy-Tsentr-2" section of the Urengoi-Pomary-Uzhhorod pipeline, which takes gas from Russia's Arctic to central Europe via Ukraine, was halted as of 1:50 p.m. (1050 GMT)
The integrated natural gas pipeline tariff will be a precursor to the unified tariff at the national level which will come into effect from April 1, the regulator said.
European Commission President Ursula von der Leyen said the damage last week to the Nord Stream pipelines linking Russia and Germany has "shown how vulnerable our energy infrastructure is", and a comprehensive plan is needed to ensure the safety of key EU networks
"The magnitude of the explosions was measured at 2.3 and 2.1 on the Richter Scale, respectively, probably corresponding to an explosive load of several hundred kilos," the two countries said in a joint report to the UN Security Council.
Gas leaks as a result of suspected sabotage discovered on the two pipelines on Tuesday have roiled energy markets and heightened security concerns.
"Discussed the sabotage on the Nord Stream pipelines with Defence Minister Morten Bødskov," NATO Secretary-General said on Twitter.
Neither pipeline was in operation, but both contained natural gas - which is largely composed of methane, a potent greenhouse gas that is the second-biggest cause of climate change after CO2.
Photos taken by the Danish military showed large areas of bubbles on the surface of water, emanating from the three leaks in Sweden and Denmark's economic zones north of Poland, from 200 to 1,000 metres (656 feet to 0.62 miles) in diameter.
In a single day, the conduits, which link Russia with Germany under the Baltic Sea, have suffered not one, not two, but three separate major leaks. The word sabotage springs to mind.
The leaks were located northeast of the Danish island Bornholm, the spokesperson said. It was not immediately clear what had caused the leaks.
Nord Stream AG, the operator of the network, said earlier on Tuesday that three offshore lines of the Nord Stream gas pipeline system sustained "unprecedented" damage in one day.
The resumption of the Nord Stream 1 pipeline at reduced capacity following a 10-day maintenance break comes after comments from Russia's foreign minister showed the Kremlin's goals had expanded during the five-month war.
Deliveries via Nord Stream 1 pipeline, which accounts for more than a third of Russian gas exports to the EU, are due to resume on July 21 after a 10-day halt for annual maintenance.
The contentious Russian project has been strongly opposed by both Ukraine and the United States.
GAIL’s best days are yet to come and maintaining its current structure means shareholders have an opportunity to benefit from it