GAIL gas pipeline, marketing verticals to be unbundled

After much dithering and opposition from within the company, the Indian government is going ahead with plans to unbundle the operations of natural gas infrastructure and logistics major, GAIL India. According to plans being drawn up by the Petroleum and Natural Gas Ministry, the natural gas pipeline business of GAIL, spread across a network of 11 551 km, will be hived off into a separate entity, and in the next stage, a majority stake in this entity will be divested to a private investor.