South Asia Gas Enterprise:
$5-billion undersea UAE-Gujarat gas pipeline proposed proposed 2,000-km-long energy corridor connecting Middle East and India, a $5 billion project, can lead to an annual saving of about `7,000 crore in comparison with similar quantity of liquefied natural gas (LNG) import.
- South Asia Gas Enterprise (SAGE), an international consortium of companies in deepwater pipeline projects, has sought the support of ministry of petroleum and others to develop an undersea gas pipeline from Gulf to India.
- The proposed 2,000-km-long energy corridor connecting Middle East and India, a $5 billion project, can lead to an annual saving of about `7,000 crore in comparison with similar quantity of liquefied natural gas (LNG) import.
- South Asia Gas Enterprise Private Limited is a Private incorporated on 21 November 2005.
- It is classified as Non-govt company and is registered at Registrar of Companies, Delhi.
- It is promoted by the New Delhi based Siddho Mal Group, in Joint Venture with a UK-based Deepwater Technology Company.
- SAGE is working with a Global Consortium of some of the most reputed companies in the field of Deepwater Pipelines, to create a Multi-Billion Dollar “Energy Corridor” that can transport gas from the Middle East to India, bypassing the land route through Pakistan.
