Interest In BG's Gujarat Gas Stake Highlights Opportunities In Gas Midstream

BMI View: Reports that BG Group has attracted up to seven bids, both from Indian domestic firms and international operators, for the sale of its 65% stake in Gujarat Gas highlights the opportunities on offer in India's gas sector. With the government adopting a somewhat more market-friendly price approach, we see the deal on offer as an opportunity for both exploration and production companies and distribution firms to grab a slice of a market with improving prospects.

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