Petronet in talks to buy stake in GSPC's Mundra LNG terminal
Petronet LNG Ltd, India's biggest importer of liquid gas, is in talks to buy 25 percent stake in Gujarat State Petroleum Corporation's (GSPC) almost- complete Rs 4,500-crore Mundra LNG import terminal in Gujarat.
Jun 21, 2017, 15:13 PM ISTONGC signs pact to buy out GSPC's KG block stake for $1.2 billion
State-owned Oil and Natural Gas Corporation (ONGC) has signed definitive agreements to buy out debt-ridden GSPC's entire 80 per cent stake in KG-basin natural gas block for USD 1.2 billion.
Mar 19, 2017, 12:01 PM ISTGujarat Assembly committee raps GSPC for 'over confidence'
The committee, which monitors state-run public sector undertakings (PSUs), in their report tabled in the House Tuesday pointed out several flaws in the process adopted by GSPC in acquiring the KG gas block through aggressive bidding.
Aug 24, 2016, 02:12 AM ISTProduction from GSPC fields in KG basin faces delay
Nearly a year after beginning trial gas production and investing USD 3.4 billion, Gujarat's GSPC is yet to start commercial production from its Deen Dayal discoveries in KG basin.
Aug 02, 2015, 14:25 PM IST