Energy giant Shell has told the government that separating gas marketing and transportation business will provide level playing field to other suppliers and boost demand.
“Experiences of developed gas markets globally have demonstrated that for gas markets to be competitive, gas transmission and marketing businesses need to be unbundled,” Shell India chairman Nitin Prasad wrote to the oil ministry two weeks ago. “This will ensure non-discriminatory access to the network and deter vertically integrated companies from taking undue advantage of their monopolistic position, preventing conflicts of interest.”
Shell India, in a joint venture with Total, owns a natural gas import terminal in Gujarat and markets gas besides being active in other segments of the oil and gas industry. Read More
Latest posts by The Economic Times (see all)
- Government’s ‘power for all’ plan through the budgets - January 15, 2019
- Rs 4.5K crore Mangdechhu hydroelectric project to start producing by end of next month - January 15, 2019
- India’s Smart City Dream: What is the role of intelligent transport management system? - January 14, 2019