Friday, 23 May 2014

A Little Information About Gujarat State Petroleum Corporation


Energy has always been a key and leading driver of growth and development of any society. Energy consumption in India continues to grow consistent with the demand for sustained economic growth. With the path breaking initiatives of Government of Gujarat in the energy Sector, particularly in the Oil and Gas sector, tremendous growth is being witnessed in this field. The vital infrastructure projects being undertaken currently would not only be a catalyst for economic growth, such intervention would most certainly improve the quality of human life in the direction of the avowed objective of faster and more inclusive growth.

GSPC is a leading player in the Oil & Gas sector. GSPC's Oil & Gas portfolio has increased to 64 blocks which includes 53 domestic blocks and 11 international blocks spread internationally, across Egypt, Yemen, Australia and Indonesia. In the midstream section of the value chain, Gujarat State Petronet Limited (GSPL), a subsidiary of GSPC has emerged as a leading gas transportation player in the State. With a view to promote use of clean, green and efficient fuel for the small and medium enterprise; as well as for commercial, households and automobile sectors, Government of Gujarat as embarked on an ambitious plan to set up city Gas distribution projects across all the districts in the State.

To fulfill this vision, GSPC Gas Company Ltd. was incorporated in 2005 with mission to develop a gas distribution network complementary to GSPL’s Gas grid spread across Gujarat state. At every locations where GSPL gas network ends,  the GSPC gas retail network starts and this has resulted in a strongly synergy of network management besides ensuring that gas is adequately available to all retail segments in Gujarat with highest level of service standards with complete focus on health, safety and environment.