Indian Cabinet to take up splitting of GAIL India next month

India’s Union Cabinet of Ministers is likely to consider splitting up operations of natural gas marketing and infrastructure major, GAIL India, but the sale of its pipeline business to a strategic investor has been put on the backburner for at least two years. The Petroleum and Natural Gas Ministry has proposed splitting the natural gas marketing and transportation business verticals of GAIL India, as a precursor to setting up an Indian gas trading hub.