Gujarat State Petronet (GSPL) and Reliance Industries (RIL) have signed a gas transportation agreement for 11 MSMCMD of natural gas from Bhadbhut in Bharuch to Jamnagar. Under the agreement, RIL has an option to increase the volume of gas up to 14 MSCMD. RIL would transport portion of its KG gas from Kakinada through its east west pipeline and deliver the same to GSPL at Bharuch. GSPL, on its part, would use its existing pipeline and develop new pipelines between Bharuch to Hadala and Rajkot to Jamnagar. D J Pandian, managing director, GSPCL and P M S Prasad, president & CEO (petroleum business), RIL signed the agreements in the presence of Saurabh Patel, Minister of Energy & Petrochemicals and D Rajgopalan, chairman, GSPC and other officials from GSPC and Reliance Group. The transportation of gas shall commence in the second quarter of 2008. The agreement is valid for a period of 15 years from the start date. Similarly, Gujarat State Petroleum Corporation (GSPCL) has signed a gas transportation agreement with Reliance Gas Transmission and Infrastructure (RGTIL) for the transportation of 3.5 MSMCMD of natural gas from Kakinada in Andhra Pradesh to Gujarat. As per the agreement, GSPC has an option to increase the volume of gas up to 11 MSCMD.
