Volume Surprise in the Quarter; Tariff Revision Awaited: Basic Custom Duty reduced on LNG - In order to encourage usage of naturalgas and make India essentially a gas based economy, the government took another step in this direction. In its budget 2017-18, the government has reducedthe basic custom duty on LNG to 2.5% from 5%. The reduction will make LNG more competitive to alternate fuels and thus increase its demand in the country.We expect GSPL will be able to transport more volumes going forward and will positively contribute to its earnings.