New Delhi: Italy’s Snam, the operator of Europe’s largest natural gas transmission network, is eyeing investment opportunities in the Indian gas pipeline business and has roped in GAIL NSE 0.69 %’s former chairman B C Tripathi as its adviser.
Snam top executives have held discussions with the oil minister, officials, regulator and industry executives in India to understand the investment opportunities and regulatory landscape, people familiar with the matter said. The discussions have ranged over several topics including hydrogen fuel, gas storage and small-scale liquefaction technologies but the big thrust has been on pursuing investment opportunities in the gas pipeline business, they said.
