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Gas Business GAIL Interested in Buying Into Reliance's Gas Business

| Editor: Dominik Stephan

GAIL India has expressed interest in buying a stake in RGTIL (Reliance Gas Transportation Infrastructure Limited ). When asked about the same, the Chairman and Managing Director BC Tripathi stated that gas transmission is their core business and that they are evaluating the opportunities.

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Tanker for natural gas at a loading terminal in the Pacific. GAIL plans to buy into Reliance's gas business.
Tanker for natural gas at a loading terminal in the Pacific. GAIL plans to buy into Reliance's gas business.
(Picture: Woodside)

Mumbai/India – After examining and assessing them, they will take a decision when they feel is the right time. He also mentioned that their decision will be based on commercial, technical and legal factors.

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