GAIL bids for Myanmar gas pipeline
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The Gas Authority of India (GAIL) has submitted its bid to the government of Myanmar for purchase of gas from Shwe & Shwe Phyu fields in A-1 block and Mya field in A-3 block, report agency sources.
The Minister of State for Petroleum & Natural Gas, Dinsha Patel, said that the government of Myanmar has intimated GAIL (Q, N,C,F)* that they were reviewing their decision to sell this gas through the pipeline route.
He added that while exploring other options of selling the gas Myanmar had asked for a bid for 3.5 MMTPA of liquefied natural gas. GAIL has planned the import of natural gas from Myanmar through onland pipeline from Myanmar via the north-eastern states of the country.
For evacuation of gas from Myanmar, GAIL has completed a detailed feasibility report, an environment management plan and rapid risk analysis study.
The length of the possible pipeline from Myanmar border to Gaya (Bihar) is about 1,573 kms. and the project cost is estimated at Rs. 85 billion. The pipeline is slated to be routed through Mizoram, Assam, West Bengal and Bihar.
The minister also said that the operation, maintenance and monitoring of such pipelines is ensured through supervisory control and data acquisition (SCADA) system. Sectionalized valve (SV) stations and intermediate pigging (IP) stations of such pipelines are monitored continuously.
The shares of the company were trading at Rs 253.60, up Rs 6.20, or 2.51% at the BSE (Wednesday 10.20 am.)
The Minister of State for Petroleum & Natural Gas, Dinsha Patel, said that the government of Myanmar has intimated GAIL (Q, N,C,F)* that they were reviewing their decision to sell this gas through the pipeline route.
He added that while exploring other options of selling the gas Myanmar had asked for a bid for 3.5 MMTPA of liquefied natural gas. GAIL has planned the import of natural gas from Myanmar through onland pipeline from Myanmar via the north-eastern states of the country.
For evacuation of gas from Myanmar, GAIL has completed a detailed feasibility report, an environment management plan and rapid risk analysis study.
The length of the possible pipeline from Myanmar border to Gaya (Bihar) is about 1,573 kms. and the project cost is estimated at Rs. 85 billion. The pipeline is slated to be routed through Mizoram, Assam, West Bengal and Bihar.
The minister also said that the operation, maintenance and monitoring of such pipelines is ensured through supervisory control and data acquisition (SCADA) system. Sectionalized valve (SV) stations and intermediate pigging (IP) stations of such pipelines are monitored continuously.
The shares of the company were trading at Rs 253.60, up Rs 6.20, or 2.51% at the BSE (Wednesday 10.20 am.)
