GAIL clarifies marketing margin charges

New Delhi: The news report published in several newspapers on 19th December 2013, based on a story filed by a newswire titled GAIL has  clarified that GAIL is charging marketing margin on APM and Non-APM gas at different rates.  It is  incorrect that “GAIL doubles margin on gas sourced from ONGC” is factually and does not reflect the issue in the right perspective. a uniform marketing margin on non-APM Gas consumers on a Pan –India basis since the commencement of Non-APM supplies and there is no discrimination amongst the customers.
 
 The customers in Mumbai region, alleging higher marketing margin being charged by GAIL, are new to supply of non-APM gas since November 2013. In fact, RCF, Thal in Mumbai region is taking non-APM gas supplies since February 2012 and is being charged marketing margin at the same rate as all other non-APM customers. Further, producers may not be charging marketing margin as their risks & returns associated with exploration and production are included in the Gas Producer Price.
 

Read Also : KABIL inks MoU with CSIR-NGRI for advancing geophysical investigations in critical and strategic minerals sector