Gujarat Gas to buy 1.1 mmscmd/day imported LNG from GSPC

Gujarat Gas to buy 1.1 mmscmd/day imported LNG from GSPC New Delhi: Gujarat Gas Co Ltd on Friday said it has signed an agreement to buy 1.1 million standard cubic meters per day of imported LNG from Gujarat State Petroleum Corp Ltd (GSPC).

The company on Thursday "entered into an agreement with GSPC for the purchase of re-gasified LNG volume of up to 1.1 mmscmd for the period from January 2 to January 31 on a firm basis," GGCL said in a filing to the stock exchanges.

GGCL is the largest private natural gas transmission and distribution firm. It sell gas to more than 3.67 lakh domestic and commercial gas users in Gujarat.

Besides, it sells compressed natural gas (CNG) to over 1.87 lakh vehicles in Surat and Bharuch.

PTI