Is ONGC same as GAIL?

Is ONGC same as GAIL?

GAIL is in the process of acquiring the equity stake in ONGC Petro- additions Limited (OPaL), which is a joint venture of GAIL with Oil and Natural Gas Corporation Ltd. (OPaL) on 15 November 2006 which is a joint venture company of Oil and Natural Gas Corporation Limited (ONGC), Gujarat State Petroleum Corporation Ltd.

What is ONGC and GAIL?

Committed to energy security of developing India, ONGC signed a new Gas Sale and Transportation Agreement (GSTA) with GAIL on 2 July 2021. The new GSTA came into effect from 7 July 2021 for a period of five years. …

Which is bigger IOC or ONGC?

Indian Oil Corporation Ltd (IOC), the nation’s biggest oil firm, bagged the second spot, followed by Oil and Natural Gas Corporation (ONGC) at the third, it said.

Is GAIL A Maharatna company?

The government today said it has granted Maharatna status to Bharat Heavy Electricals Ltd (BHEL) and Gas Authority of India Ltd (GAIL). With Maharatna status, the two public sector enterprises would have more operational freedom for carrying out activities in the country as well as overseas.

Which is the longest gas pipeline in India?

Kandla–Bhatinda Oil Pipeline
Kandla–Bhatinda Oil Pipeline (KBPL) was started in 1993 and it was commissioned in 1996. It is the largest oil pipeline in India….

Kandla–Bhatinda Oil Pipeline
Commissioned 1996
Technical information
Length 1,443 km (897 mi)

What is the full form of ONGC?

ONGC – Oil and Natural Gas Corporation Limited.

Is ONGC a Fortune 500 company?

The unabating contributions of energy major ONGC towards the nation’s economy gets recognized yet again as the company retains its place among the top 500 companies in the world. The Maharatna ranked 243 in this year’s Fortune Global 500 list. Last year, ONGC clinched 160th position in the list.

What is the starting salary in ONGC?

(**) Officer/Assistant Executive Engineer/Geophysicist/Geologist/Chemist E-1 Rs.60000-180000
Assistant (**)Officer/Assistant Engineer/Personal Secretary E-0 Rs.50000-160000
Chief Superintendent/Senior Foreman S-IV Rs.32000-56000
Senior Superintendent/Senior Foreman S-III Rs.28000-52500

Who owns GAIL Gas?

Government of India
Ministry of Petroleum and Natural Gas
GAIL/Parent organizations

Is GAIL a debt free company?

GAIL (India) has a low net debt to EBITDA ratio of only 0.54. And its EBIT covers its interest expense a whopping 38.5 times over.

What is the full form of CNG?

CNG and LNG as Alternative Transportation Fuels Two forms of natural gas are currently used in vehicles: compressed natural gas (CNG) and liquefied natural gas (LNG).

Does India have natural gas?

The Role of Natural Gas in India’s Energy System Imports of liquefied natural gas, initially from Qatar and later from other countries, became available after 2004, with volumes rising from 10 bcm in 2006 to 24 bcm in 2016. 13 Thus, Gujarat today is one of the epicenters of natural gas consumption in India.