Gail India Ltd has informed that the Company has been adjudged the Oil and Gas Transportation Company of the Year, for the year 2006-07. The award was presented today by Shri Murli Deora, Honble Union Minister of Petroleum and Natural Gas to Dr. U. D. Choubey, Chairman and Managing Director, GAIL in Mumbai today. The award given by Petrofed carries a trophy and a citation.
GAIL owns and operates 6700 km. of natural gas transmission network which is over 82% of the total pipeline infrastructure in the country. The extensive natural gas infrastructure established over the last two decades has enabled sustained development of sizeable gas market in the country. GAIL has a track record of operating the pipelines efficiently and maintaining high safety standards. During the year 2006-07, GAIL handled around 28 BCM of Natural Gas through its Transmission Network and currently, its market share in gas transmission is 79%. The operating performance of the pipelines operated by GAIL has been excellent in 2006-07 and 100% availability of natural gas pipeline systems was maintained. GAIL has robust future plans and a road map has been developed to increase pipeline infrastructure to 11000 km by 2011-12.
In addition to gas pipeline network, GAIL owns and operates worlds longest exclusive LPG Pipeline Jamnagar-Loni pipeline (1269 km) and another one, Vizag-Secunderabad LPG pipeline (653 km). These pipelines have efficiently substituted rail/road transportation of LPG to a large extent in the respective areas and also resulted in reduction of emissions.
During the year 2006-07, GAIL added four new natural gas pipelines viz. Dahej Uran Pipeline, Vijaipur - Kota Pipeline, Kelaras - Malanpur Pipeline, Jagoti - Pithampur Pipeline to provide connectivity to consumers in various parts of the country. In the current financial year, GAIL has completed Dahej - Dabhol pipeline project which has not only revived the Dabhol power project but also provided connectivity between key locations across Gujarat and Maharashtra.
Natural Gas infrastructure being operated by GAIL is providing ready market access to domestic producers, connecting LNG terminals with demand centers, making gas available to customers including those who are remotely located, facilitating development of gas fields which are scattered and devoid of market access. Besides, pipeline network has enabled introduction of CNG/City gas in cities like Delhi, Agra-Ferozabad, Mathura, Mumbai, etc. thereby reducing alarming pollution levels in these cities.
GAIL has successfully implemented a sophisticated, centralized Gas Management System (GMS) and is effectively using it for natural gas transportation through all Trunk Pipeline networks across India. GMS integrates all the shippers, suppliers, customers, and transporter (GAIL) to provide better co-ordination and total transparency in Gas Transportation business.
GAIL is one of the leading public enterprises with a consistently excellent financial track record. Turnover and Net Profits during the last ten years has shown a compounded annual growth rate of 14 per cent. GAILs Turnover in the year 2006-07 went up by 11 per cent to Rs. 16,047 crore. The Profit After Tax during the year 2006-07 was Rs. 2,387 crore.
On the Customer Satisfaction front, the actual upliftment to minimum guaranteed offtake was121%. There was no unscheduled shut down (excluding due to force-majeure events) during FY 2006-07. (Only for one of the LPG Transmission pipelines, no unscheduled shutdown for other pipelines)
On the safety aspect, during FY 2006-07, there were no fatalities and 0.000328 man hours were lost due to accidents per million man hours. On the Environment and Occupational Health and Safety, there was full compliance of Prevention of Air Pollution Act, Prevention of Water Pollution Act, Environment Protection Act, Environment Protection Act and Factories Act.
GAIL owns and operates 6700 km. of natural gas transmission network which is over 82% of the total pipeline infrastructure in the country. The extensive natural gas infrastructure established over the last two decades has enabled sustained development of sizeable gas market in the country. GAIL has a track record of operating the pipelines efficiently and maintaining high safety standards. During the year 2006-07, GAIL handled around 28 BCM of Natural Gas through its Transmission Network and currently, its market share in gas transmission is 79%. The operating performance of the pipelines operated by GAIL has been excellent in 2006-07 and 100% availability of natural gas pipeline systems was maintained. GAIL has robust future plans and a road map has been developed to increase pipeline infrastructure to 11000 km by 2011-12.
In addition to gas pipeline network, GAIL owns and operates worlds longest exclusive LPG Pipeline Jamnagar-Loni pipeline (1269 km) and another one, Vizag-Secunderabad LPG pipeline (653 km). These pipelines have efficiently substituted rail/road transportation of LPG to a large extent in the respective areas and also resulted in reduction of emissions.
During the year 2006-07, GAIL added four new natural gas pipelines viz. Dahej Uran Pipeline, Vijaipur - Kota Pipeline, Kelaras - Malanpur Pipeline, Jagoti - Pithampur Pipeline to provide connectivity to consumers in various parts of the country. In the current financial year, GAIL has completed Dahej - Dabhol pipeline project which has not only revived the Dabhol power project but also provided connectivity between key locations across Gujarat and Maharashtra.
Natural Gas infrastructure being operated by GAIL is providing ready market access to domestic producers, connecting LNG terminals with demand centers, making gas available to customers including those who are remotely located, facilitating development of gas fields which are scattered and devoid of market access. Besides, pipeline network has enabled introduction of CNG/City gas in cities like Delhi, Agra-Ferozabad, Mathura, Mumbai, etc. thereby reducing alarming pollution levels in these cities.
GAIL has successfully implemented a sophisticated, centralized Gas Management System (GMS) and is effectively using it for natural gas transportation through all Trunk Pipeline networks across India. GMS integrates all the shippers, suppliers, customers, and transporter (GAIL) to provide better co-ordination and total transparency in Gas Transportation business.
GAIL is one of the leading public enterprises with a consistently excellent financial track record. Turnover and Net Profits during the last ten years has shown a compounded annual growth rate of 14 per cent. GAILs Turnover in the year 2006-07 went up by 11 per cent to Rs. 16,047 crore. The Profit After Tax during the year 2006-07 was Rs. 2,387 crore.
On the Customer Satisfaction front, the actual upliftment to minimum guaranteed offtake was121%. There was no unscheduled shut down (excluding due to force-majeure events) during FY 2006-07. (Only for one of the LPG Transmission pipelines, no unscheduled shutdown for other pipelines)
On the safety aspect, during FY 2006-07, there were no fatalities and 0.000328 man hours were lost due to accidents per million man hours. On the Environment and Occupational Health and Safety, there was full compliance of Prevention of Air Pollution Act, Prevention of Water Pollution Act, Environment Protection Act, Environment Protection Act and Factories Act.
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