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PipeSak President addresses GAIL O&M conference
India's gas industry had its very first Operating
and Maintenance (O&M) conference in Mumbai, India this past
June. The conference was organized by the Gas
Authority of India Ltd. (GAIL), one of India's leading Public
Sector Enterprises. As an innovator in the field of soft buoyancy
control, PipeSak Inc.'s president, Geoff W. Connors, was invited
to speak at the conference.
Geoff
Connors, the inventor of the fabric saddle weight and president
of Canada based PipeSak Incorporated, presented a paper on The
Use of Geotextile Fabric, Anti-Buoyancy Control for Buried Pipelines
at the conference. The paper educated India's oil industry leaders
on the science and benefits behind soft buoyancy control - a method
of buoyancy control foreign to the Indian market. In addition to
speaking at GAIL Gas Industry O&M Conference, PipeSak Inc. has
traveled abroad to India several times speaking to local oil and
gas companies about the benefits of PipeSak saddleweights to their
pipelines.
PipeSak Inc. expects to see a sharp increase in sales to India
in the near future. India's oil industry is expanding exponentially
as new gas reserves are being discovered. GAIL announced at the
Gas Industry O&M conference that they had struck oil and gas
at an onshore block near Ahmedabad in the Cambay Basin only a week
before the conference. It was the first oil find by GAIL, who had
partnered up with Gujarat State Petroleum Corp. to explore the region.
Ram Naik, the Indian Petroleum and Natural Gas Minister who made
the announcement, stated that only one of the seven wells in Cambay
oil field have been drilled so far. The find marks GAIL's major
entry into the upstream oil sector. Naik also identified reserves
found in a large offshore block at Myanmar, where GAIL holds oil
equity in partnership with Korean companies Daewoo and Kuo Gas and
ONGC's subsidiary OVL.
Since GAIL holds approximately 95% of the natural gas market in
India, their success definitely indicates an upswing in the Indian
pipeline industry. PipeSak Inc. hopes to solidify their presence
in India by opening a local plant to manufacture their saddleweights.
By having the weights manufactured locally PipeSak Inc. will be
able to reduce both the costs and lead times associated with shipping
the product overseas from Canada. PipeSak hopes to have a plant
up and running later this year. Stay tuned for more information!
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