Mumbai, 12 June 2013 BG Group today announced it had reached agreement to sell its majority interest in India’s Gujarat Gas Company Limited (GGCL) for approximately INR 24.6 billion or $470 million to GSPC Distribution Networks Limited, a subsidiary of Gujarat State Petroleum Corporation. The agreement, which is subject to regulatory approval, involves the sale of BG Asia Pacific Holdings Pte Limited’s 65.12% controlling interest in GGCL, India’s largest private s...Read More

Gandhinagar, 20 March 2013 Leader of opposition Shri Shankersinh Vaghela today visited a British delegation led by British minister Mr. Hugo Swire and British High Commissioner in India Mr. James Bevan. Shri Vaghela told delegation members that, Gujarat Gas company was originally owned by Shri Mafatlal, and Shri Rishikesh Mafatlal was Managing Director of the company. Vaghela said in year 1996-97 when he was Chief Minister of Gujarat, company's financial position was ve...Read More

Gandhinagar, 20 March 2013 A photograph of MoU for a long term LNG contract signed between British Gas and GSPC in Gandhinagar. BG Group said it will supply up to 2.5 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to the state-owned Gujarat State Petroleum Corporation Ltd (GSPC) from 2015. BG Group said in a statement here that it will initially supply 1.25 mtpa of LNG beginning in 2015 and for up to 20 years, potentially increasing to 2.5 mtpa after two year...Read More