Gail India has signed a transmission agreement with Reliance Gas Transportation Infrastructure (RGTIL) for the transmission of natural gas from the Krishna Godavari (KG) basin. The agreement provides for the transportation of natural gas from the exploration block located in the KG basin in the east coast of India through GAIL's network, and for booking of capacity by GAIL in RGTIL's east-west pipeline. The agreement is a framework agreement for booking of capacity through execution of capacity tranche agreements (CTA). GAIL currently has a network of about 6,700 km with transmission capacity of about 150 million standard cubic metres per day (mmscmd). RGTIL is laying a 48-inch, 1,400 km long east-west pipeline from Kakinada to Gujarat. |