{"id":335954,"date":"2020-02-05T10:30:09","date_gmt":"2020-02-05T05:00:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=335954"},"modified":"2020-02-05T10:46:18","modified_gmt":"2020-02-05T05:16:18","slug":"oil-ministry-seeks-nod-to-split-gail-pipeline-business-may-be-sold-later","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-ministry-seeks-nod-to-split-gail-pipeline-business-may-be-sold-later\/","title":{"rendered":"Oil ministry seeks nod to split GAIL; pipeline business may be sold later"},"content":{"rendered":"<p>The Oil Ministry has moved a cabinet note seeking approval for hiving off state-owned gas utility GAIL (India) Ltd&#8217;s pipeline business into a separate entity for a possible sale to a strategic investor at a later date, sources privy to the development said. <\/p>\n<p>GAIL is India&#8217;s biggest natural gas marketing and trading firm and owns more than 70 per cent of the country&#8217;s 16,981-km pipeline network, giving it a stranglehold on the market. Users of natural gas have often complained about not &#8216;fairly&#8217; getting access to GAIL&#8217;s 12,160-km pipeline network to transport their fuel. <\/p>\n<p>Sources said to resolve the conflict arising out of the same entity owning the two jobs, bifurcating GAIL is being considered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Oil Ministry has moved a cabinet note seeking approval for hiving off state-owned gas utility GAIL (India) Ltd&#8217;s pipeline business into a separate entity for a possible sale to a strategic investor at a later date, sources privy to the development said. GAIL is India&#8217;s biggest natural gas marketing and trading firm and owns more than 70 per cent of the country&#8217;s 16,981-km pipeline network, giving it a stranglehold on the market. Users of natural gas have often complained about not &#8216;fairly&#8217; getting access to GAIL&#8217;s 12,160-km pipeline network to transport their fuel. Sources said to resolve the conflict [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-335954","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=335954"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/335954\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=335954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=335954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=335954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}