| Author | Message | ||
     Sp1234 Comedian Username: Sp1234 Post Number: 1165 Registered: 11-2014 Posted From: 72.21.235.140 Rating: N/A |
APGDC has been established as a Joint Venture Company by GoAP (Government of Andhra Pradesh) and GAIL Gas Ltd., with 50% equity each. The objective of the APGDC is to establish the regional gas pipeline distribution network and to develop city gas distribution in various major cities within the State of Andhra Pradesh and to develop infrastructure for import of Natural Gas in the eastern coast, to make the State of Andhra Pradesh a gas driven economy. APGDC has been authorized by the regulator M/s PNGRB to lay, build, operate and expand cross country natural gas pipeline from Kakinada to Srikakulam having length of 301 Km for the mainline. The pipeline will cover 4 districts of Andhra Pradesh namely East Godavari, Vishakhapatnam, Vizianagaram and Srikakulam. APGDC is also in the process of obtaining authorisation to lay further pipelines within the state of AP and confident of further expansion in their activities. BJP - Northies Party, Modi - PM of Gujarath; until proven otherwise!!! | ||
| Sp1234 Comedian Username: Sp1234 Post Number: 1164 Registered: 11-2014 Posted From: 72.21.235.140 Rating: N/A |
http://www.gailonline.com/final_site/pressrelease_jan16_15.h tml The first MOU is between APGDC, GDF SUEZ and Shell and supports the development of the terminal. APGDC (a JV company between the Government of AP and GAIL), GDF SUEZ and Shell will have 48%, 26% and 26% equity in the project respectively. The second MOU is between GAIL, GDF SUEZ and Shell and covers both the sourcing of LNG and the marketing of the regasified LNG from the terminal. GAIL, GDF SUEZ and Shell will have 48%, 26% and 26% equity in the project respectively. BJP - Northies Party, Modi - PM of Gujarath; until proven otherwise!!! | ||
| Sp1234 Comedian Username: Sp1234 Post Number: 1163 Registered: 11-2014 Posted From: 72.21.235.140 Rating: N/A |
LNG import terminal is coming up in Kakinada, It was in proposal for some time and the announcement of 12000cr investment by GDF Suez in Andhra @ mumbai citi investment conference also includes this. This will be the 2nd d terminal in addition to PetronetLNG's terminal in Gangavaram(4000cr). GAIL India , the nation's largest natural gas distributor, has dropped plans to set up a Rs 3,108 crore floating LNG import terminal at Paradip in Odisha. GAIL was looking for a strategic partner for the 4 million tons a year floating liquefied natural gas (LNG) terminal off the Paradip coast. But with a partnership with Royal Dutch Shell and GdF Suez of France coming through for a similar project off Kakinada in Andhra Pradesh, the Paradip project has been axed. Read more at: http://www.moneycontrol.com/news/business/gail-drops-plan-to -setlng-terminal-at-paradip_1319501.html?utm_source=IW_DATA_ stockpage BJP - Northies Party, Modi - PM of Gujarath; until proven otherwise!!! |
