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India Front Line Report
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2014-01-31 ArtNo.44812
◆Oil majors likely to get easy entry into CNG biz
【New Delhi】To open the compressed natural gas (CNG) network in India, the ministry of petroleum and natural gas will soon seek Cabinet approval for CNG marketing guidelines.
 According to an official, the move will give CNG marketing rights to companies that have investment of at least Rs 2,000 crore in the oil & gas sector. "Companies such as Indian Oil Corporation, GAIL, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Essar and Reliance Industries will be able to set up CNG stations across the country. Companies with lower investment but who already have CNG network rights with them, as city gas distribution entities, can also market CNG, according to the guidelines," the official said. Currently, the CNG market has Indraprastha Gas, Mahanagar Gas, Gujarat Gas, Adani Gas and GAIL Gas, as well as local players such as Haryana City Gas Distribution.
○Pan-India portable LPG connections now
【New Delhi】Minister of Petroleum and Natural Gas M Veerappa Moily approved the launch of portability of LPG connections from today (Jan 22, Wednesday) onwards across oil marketing companies/distributors covering 480 districts in the country.
 Under the facility, LPG consumers in these districts can switch to the distributor of their choice within a cluster of LPG distributors in the vicinity.
 In October, the oil marketing companies had together launched the LPG connection portability scheme in 24 districts in 13 states as a pilot project. With Wednesday's launch, the coverage will be expanded to over 82 million LPG consumers in 480 districts.
【News source】

Oil majors likely to get easy entry into CNG biz

Pan-India portable LPG connections now

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