July 26, 2012. BG Group controlled country's largest city gas distribution (CGD) in private sector Gujarat Gas Company Limited (GGCL) reported net profit of ' 52.5 crore for the second quarter ended on June 30 compared to ' 65.40 crore in the preceding quarter. Its net sales for the quarter under review increased by 7% to ' 765.90 crore as against ' 714.30 crore in the preceding quarter of the current fiscal. The company continuous to invest in the extension of tis pipeline and CNG infrastructure. It commissioned more than 161 km of steel and PE pipeline network in six months ending June 2012. GGCL announced that the company received authorisation from the PNGRB for its transmission pipeline and added that it expects to receive authorisation shortly for its city gas distribution areas. It may be mentioned here that BG Group is negotiations with Gujarat State Petroleum Corporation (GSPC) led consortium consisting of BPCL and ONGC to divest its controlling stake in the company since March.