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Business Briefs
Mar 22: 8The website carries here an international manual that offers general criteria for the installation, operation, maintenance of gas piping and gas equipment on consumers’ premisesis. It is a supplement to the International Fuel Gas Code. Policy makers should take note of this document as there is an urgent need for evolving a similar code in India to promote the safe use of gas.Click on Report
8In an action that is likely to be some significance, the Tariff Authority for Major Ports has approved the ceiling upfront tariff rate for Stevedoring and Shore Handling Operations on an ad hoc basis as an interim arrangement at the Kandla Port Trust.Click on Report.
8Indian oil marketing companies must take serious note of a recent announcement by the Myanmar government that it will allow foreign investments in its retail fuel business. This announcement is important even as the winner has not been declared for the high-profile tender initiated by the previous USDP government for a partnership with Myanmar Petroleum Products Enterprise to run its 12 fuel stations in which three companies -- Indian Oil, Pertamina and Puma Energy -- were initially shortlisted.Click on Report.
8Investing in technologies that are agile, cloud-based and secure will be critical for pipeline asset owners and operators in order to sustain growth by taking advantage of abundant supply and increasing demand for natural gas. The time is opportune for these owners and operators to make strategic investments in forward-looking technologies that offer them scalability, flexibility and mobility.
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