GAIL in pact with Norwegian co
By agencies
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Friday, 09 December 2005, 20:30 IST
NEW DELHI: GAIL (India) Ltd has signed a memorandum of cooperation (MoC) with Natural Gas Hydrate (NGH) AS of Norway for developing and commercializing the synthetic natural gas hydrate storage and transportation technology.
The companys statement says, the MoC includes feasibility studies of natural gas hydrate transport as an alternative to conventional pipeline and liquefied natural gas (LNG) transport. Describing 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 commercialization of this new technology.