What Is India News Service
Thursday, November 08, 2007



   Gas Authority of India Limited



Gas Authority of India Limited (GAIL) was established in August 1984 as a wholly owned Company of the Government of India with 100% equity held by the Government of India. GAIL is one of India's leading public sector enterprises and the largest gas transmission and marketing company in the country. GAIL owns and operates over 4000 km of pipeline and has about 95% market share in the Natural Gas business in India.

News Analysis  




•  Official site




Also, more than half of the total Urea production in India is Gas-based out of which GAIL contributes more than 90%, thus making a significant contribution to India's agriculture sector also. 

The company is ranked among the top ten companies in India, with a 2002-03 turnover of US$ 2,5 billion and a net profit US$ 343 million. Today, the government holds 67% equity in GAIL.

Given runaway international crude oil prices, India's top energy firms are gearing up massive expansion and exploration plans both at home and abroad. (India's Oil Majors In Global , Singapore Times, Correspondent or Reporter, Nov 03, 2007)

Ever since Shri Prakash Karat took over the stewardship of the Communist Party of India (Marxist), it has come out in the open as a strong defender of Chinese interests. (Us - Or Chinese - Poodle?, OutLook, B. Raman , Nov 03, 2007)

In the background of international crude prices touching the $95 mark, Petroleum Minister Murli Deora on Thursday held consultations with Prime Minister Manmohan Singh, United Progressive Alliance chairperson Sonia Gandhi and Finance Minister . . . . (Deora Meets Pm, Sonia As Crude Prices Soar, Hindu, Sujay Mehdudia, Nov 02, 2007)

When in the year 2000, Hernando de Soto came up with his magnum opus The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, it was a fundamental shift in thinking about an economic system that has had as many . . . . (‘Whether You Are Democrat Or Dictator, On The Left Or Right, Exclusion Will Sooner Or Later Destabilise You’, Indian Express, Editorial, Indian Express, Oct 27, 2007)

To write his memoirs on life in Downing Street (Tony Blair Signs £5 M Book Deal, Pioneer, A N Sudarsan Rao , Oct 27, 2007)

Brahmaputra Cracker and Polymer Limited (BCPL) has signed an agreement with Oil and Natural Gas Corporation for supply of 1.35 mscmd gas to the Rs. 5,460-crore Assam Gas Cracker Project foundation for which was laid by the Prime Minister . . . . . . . (Bcpl Signs Gas Supply Pact With Ongc, Hindu, Sujay Mehdudia, Oct 17, 2007)

Most countries do public diplomacy abroad. In its standard use, the term refers to cultural and educational programmes, radio and television broadcasts, and citizen exchanges to promote foreign policy goals. (East With Bits Left Out, Telegraph, Sanjib Baruah, Oct 15, 2007)

For India, Myanmar represents an inconvenient truth. India is today grappling with the contradictions of an ‘internal matter’ having obvious ripple effects for the region. (In Myanmar, Missing The Big Picture, Indian Express, Editorial, Indian Express, Oct 15, 2007)

Five nations are scrambling to lay claim to the huge reservoirs of crude oil beneath the seabed under the Arctic ice. As much as with one another, these nations will have to contend with the indigenous people, the Inuit, who want a say in the matter. (Race For The Pole Position, Business Line, J. Srinivasan, Oct 13, 2007)

Security around major government installations in the Bangladeshi capital have been beefed up after suspected activists of the banned Jamaatul Mujahideen Bangladesh (JMB) threatened to set fire to a major building, officials and reports said on Thursday. (Militants Threaten To Set Fire To Petrobangla Building In Bangladesh, Times of India, Correspondent or Reporter, Oct 11, 2007)

The proposal on a gas pipeline from Turkmenistan is making quiet advances over the one planned from Iran with project sponsor Asian Development Bank piloting comprehensive agreements for signing next month. (As India-Iran Gas Pipe Sputters, Turkmenistan Plan Surges Ahead, Indian Express, Amitav Ranjan, Oct 11, 2007)

THE generous terms of the New Exploration and Licensing Policy (NELP), enunciated in 1997 and implemented in 1999-2000, have been justified on the ground that they will attract foreign and private investment into the risky business of oil and gas . . . . (Emerging Monopoly, Frontline, Correspondent or Reporter, Oct 10, 2007)

The impending threat of terrorist and naxal strikes on vital oil & gas installations looms large on domestic oil companies. (Oil Firms Look To Step Up Expenditure On Security, Singapore Times, Correspondent or Reporter, Oct 05, 2007)

Forty-one days after the protests began in Myanmar and blood once more was spilt on its streets, the talk in European capitals is all about bringing pressure to bear on India to "do something". (Myanmar: Europe Puts Onus On India , Times of India, Correspondent or Reporter, Oct 01, 2007)

INDIA’S official reaction to the most serious challenge to the military rule in Myanmar after the failed 1988 uprising appears too restrained in view of the developing situation there. (India On Myanmar, Tribune, Editorial, The Tribune, Sep 28, 2007)

Union petroleum minister Murli Deora, now on a two-day visit to Burma, will take up the issue of the Burma-India pipeline with the Burmese government, according to sources. (Deora May Discuss Gas Pipeline On Burma Trip, Asian Age, PAWAN BALI, Sep 24, 2007)

Non-interference in the internal affairs of other countries was a cardinal principle of Jawaharlal Nehru's five principles of peaceful coexistence. (Wake Up To China's Plans, Pioneer, Correspondent or Reporter, Sep 24, 2007)

ONGC will invest $4.5-5 billion in developing its ultra deep-sea Krishna Godavari basin gas field by 2012-13. (Ongc To Invest $4-5b In Kg Basin, Pioneer, Correspondent or Reporter, Sep 20, 2007)

Non-interference in the internal affairs of other countries was a cardinal principle of Jawaharlal Nehru's five principles of peaceful coexistence. (Wake Up To China's Plans, Pioneer, G Parthasarathy, Sep 20, 2007)

Non-interference in the internal affairs of other countries was a cardinal part of Jawaharlal Nehru’s five principles of peaceful coexistence. (Military Rule In Neighbourhood, Tribune, A N Sudarsan Rao , Sep 20, 2007)

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