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NEW DELHI: India Gas Solutions Pvt Ltd – the 50:50 collective adventure of UK’s BP plc and Reliance Industries, today called a new arch controlling in Vinod Tahiliani as the close looks to footfall up accustomed gas business in the country.
IGS was formed in 2011 aback BP bought 30 per cent pale in RIL’s gas bearing KG-D6 and 20 added blocks for USD 7.2 billion.
It was to administers the absolute gas sales affairs of eastern adopted KG-D6 block, bazaar gas from accessible fields like R-Series as able-bodied as alien LNG. Besides it is focussed on basement to advance busline and business of accustomed gas aural the country.
“Tahiliani has over 25 years of all-embracing acquaintance in the oil and gas business and activity costs and joins IGS from BP, area he was best afresh the Vice President, Strategy & Commercial for BP India,” a aggregation account said.
For BP, he has developed gas amount alternation businesses and formed on oil, gas and ability developments in India, Angola and Vietnam, it said.
When IGS was formed, BP’s Hiten Mehta was appointed CEO.
He about larboard a few years aback and IGS’s arch operating administrator (COO) Amit Mehta was called acting CEO.
Sashi Mukundan, Region President and Country Head, BP India said: “The charge for assured gas food to ammunition the exponential activity appeal and advance of India is acute and our IGS affiliation is able-bodied positioned to accord decidedly in this respect.”
RIL Controlling Director PMS Prasad said Tahiliani brings with him the ability to advance IGS as the collective adventure looks to added advance the business.
“Demand for gas has been growing at an exponential amount and we ahead accustomed gas to appear as the adopted best of ammunition accustomed its backdrop as a cleaner and acceptable ammunition source,” he said.
RIL’s Bibhas Ganguly is the Chairman for IGS, and there is according representation from RIL and BP on the IGS Board. The collective adventure has advisers seconded from both companies, bringing abysmal acquaintance in the gas business, both in India and internationally.
The Real Reason Behind Hindi Bp Logo – hindi bp logo
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