GAIL, ONGC to ink gas marketing pact.

From: Times of India (New Delhi, India) | Date: January 3, 2007 | Copyright information

Byline: Sanjay Dutta

Jan. 3--NEW DELHI -- State-owned gas utility GAIL and Oil and Natural Gas Corporation are joining hands for transporting and marketing gas from flagship explorer's new finds in the Krishna-Godavari and Mahanadi basins off the Andhra and Orissa coasts, respectively. The two are working on a draft MoU which is expected soon.

ONGC is yet to make the finds official as these have not been vetted by the exploration regulator. But executives esti...

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