AGPS 2012


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GAIL (India) Limited is India’s largest natural gas transmission and distribution company with a natural gas trunk pipeline network of over 8,600 km, with a capacity of 175 million metric standard cubic meter per day (MMSCMD). GAIL is laying five new natural gas pipelines measuring 5,000 km involving a capex of nearly US$ 6 billion which shall enhance the transmission capacity to around 300 MMSCMD in the next two to three years.

GAIL has been a forerunner in developing gas distribution in India. The company has pioneered the introduction and successful implementation of city gas projects in two major metros of India, that is, Delhi and Mumbai, through the joint venture route. GAIL has set up wholly-owned subsidiary GAIL Gas Limited for pursuing city gas distribution projects.

Apart from natural gas transmission, distribution and processing, GAIL has diversified business interests in LPG transmission, Petrochemicals and Exploration and Production activities. The company has presence in countries such as Egypt, Myanmar and China. GAIL is one of the leading public enterprises with a consistently excellent financial track record. Turnover and Profit After Tax during the last 10 years have shown a compounded annual growth rate of 14 per cent and 12 per cent respectively. The company recorded a turnover of Rs. 32,459 crore (US$ 7.2 billion approximately) and Profit After Tax of Rs. 3,561 crore (US$ 790 million approximately) in the year 2010-11.

GAIL, along with FICCI, has promoted the Asia Gas Partnership Summit and the AGPS- 2012 will be the seventh in the series. The summit seeks to bring together leaders from the global natural gas industry, be it suppliers, consumers, policy makers, legal experts, consultants and technology providers on a common platform. Our objective has been to elicit the viewpoints of leaders in the gas industry on how they perceive the paradigm shifts taking place in the global gas business, the concerns of consumers, regulators, and so on.

For more information on GAIL, log onto www.gailonline.com