Sunday, July 06, 2008 6:57 hrs Choose font size Download Logo|Sitemap Search     About Us     Profile       Vision, Mission & Values       Objectives & Obligations       Group Companies       Joint Ventures       Milestones       Corporate Logo       Financial Performance     Management     Profile of Chairman       Major Units     Major Projects     Business     Refining       Pipelines       Marketing       R & D       Petrochemicals       Gas       E & P       Initiatives     Integrity Pact       Environment       IndianOil Scholarships       IndianOil Sports Scholarship       Corporate Social Responsibility       Global Compact Initiative       Personnel Chief's Meet       Recognitions     Distinctions       Awards & Accreditations       About Us  Business  Gas         Gas   Drawing on its vast experience and carefully nurtured skill sets, IndianOil is focussing on transforming itself by translating global business opportunities into successful commercial initiatives. IndianOil has already made successful forays in diverse areas such as petrochemicals, natural gas, exploration&production, bio-fuels, etc., and with the passage of time, its capability to successfully establish itself in new areas of business is slowly but surely strengthening. Gas market in India is slowly opening up and in the next 5- 10 years time, we are going to witness enhanced availability of Gas not only from imported sources but also from Indigenous sources. Natural gas business presents immense opportunities for IndianOil and has already started generating significant revenues for the Corporation. The Corporation is in the process of sourcing more LNG and expanding its customer base. Within the gas business, city gas distribution is seen as a focus area for rapid growth. Green Gas Ltd., IndianOil's joint venture with GAIL (India) Ltd., is operational in Agra and Lucknow and plans to expand to other cities in western UP. IndianOil is also in the process of forming more joint ventures for city gas distribution in other parts of the country. As a supplier, IndianOil would be completely responsible for delivery of gas to the customer’s premises. The transportation services of the company engaged in transportation of gas would be hired to ensure deliveries. World over this model is in use wherein through one transportation system, multiple suppliers operate. IndianOil has inherent strengths and tremendous business capabilities spread over all parts of the country. Its current business position and relationship with existing customers can be leveraged significantly to position itself as a gas supplier with a back up comfort of liquid fuels, which no other company can offer so far. Gas marketing is going to be a focused activity in future.   Contacts Mr. Chandan Dasgupta Executive Director (Gas) Indian Oil Corporation Ltd., SCOPE Complex Core-2, Lodhi Road New Delhi – 110 003 India Phone – 91-11-2432 1704 Fax: 91-11-2436 4644 Email: dasguptac@iocl.co.in Updated on October 03, 2007 GROUP COMPANY SITES: IndianOil Technologies Ltd | Chennai Petroleum Corporation Ltd | Bongaigaon Refinery & Petrochemicals Ltd | IndianOil (Mauritius) Ltd Lanka IOC PLC | IndianOil Tenders home | about us | products | services | investor centre | people & careers | media centre | interface | RTI contacts Copyright © Indian Oil Corporation Ltd.  [ Terms of use | Privacy policy ]