The Hindu Business Line : GAIL inks pact with Norwegian co for natural gas hydrate storage tech

GAIL (India) Ltd has signed a memorandum of cooperation (MoC) with Natural Gas Hydrate (NGH) AS of Norway for developing and commercialising the synthetic natural gas hydrate storage and transportation technology.

In a statement issued here on Thursday, GAIL said the scope of the MoC includes feasibility studies of natural gas hydrate transport as an alternative to conventional pipeline and liquefied natural gas (LNG) transport.

As regards the possibility to set up a demonstration facility for this technology in India, the statement said it would be evaluated and the parties shall jointly co-operate in the development and commercialisation of this new technology.

In its efforts for pursuing new technology developments, GAIL has identified storage and transportation of natural gas in hydrate form for monetising stranded gas fields as priority area.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

More Stories on : Alliances & Joint Ventures

Stories in this Section
Dabur gets first patent for yeast strain

Tata Motors raises prices of medium, heavy vehicles — Launches sports utility truck

BHEL declares 40 pc interim

OSE bags three NHAI projects

JK Paper plans to raise funds

Suzuki sues 10 Indian cos for illegal use of brand name

`Cos must report social, green activities in balance sheet'

Adlabs bond issue

BMW looking to source components from India — Signs pact with TN for CKD plant

M&M inaugurates Haridwar 3-wheeler plant