India's Natural Gas Output May Fall
India's natural gas production is likely to fall by 35 percent to 27.64 million metric standard cubic meters per day (mmscd) in the next fiscal and may drop further by another 12 percent to 24.22 mmscmd in 2013-14, the Ministry of Petroleum and Natural Gas (MoP&NG) has reported.
The power producers' woes may worsen across the country as some of the plants are ready but sitting idle due to non-availability of gas.
A recent communication by the Central Electricity Authority (CEA) to States suggested that developers should not take up new power projects until 2015-16.
A Power Ministry official, who confirmed the letter to States, said the embargo may not have any impact on the 12th Five-Year Plan (2012-17) capacity additions as it was only little above 1000 mw that was targeted for gas-based power.
"As per the information made available by the Ministry of Petroleum and Natural Gas regarding NELP gas, the production is likely to go down by 15.03 mmscmd in 2012-13 and additional 3.42 mmscmd in 2013-14 against the availability of 42.67 mmscmd in 2011-12. The Ministry has not given any projections for 2014-15 and 2015-16.
Copyright 2012, Zee News. All rights reserved.
The power producers' woes may worsen across the country as some of the plants are ready but sitting idle due to non-availability of gas.
A recent communication by the Central Electricity Authority (CEA) to States suggested that developers should not take up new power projects until 2015-16.
A Power Ministry official, who confirmed the letter to States, said the embargo may not have any impact on the 12th Five-Year Plan (2012-17) capacity additions as it was only little above 1000 mw that was targeted for gas-based power.
"As per the information made available by the Ministry of Petroleum and Natural Gas regarding NELP gas, the production is likely to go down by 15.03 mmscmd in 2012-13 and additional 3.42 mmscmd in 2013-14 against the availability of 42.67 mmscmd in 2011-12. The Ministry has not given any projections for 2014-15 and 2015-16.
Copyright 2012, Zee News. All rights reserved.
See all » Events
Subscribe Current Issue
Spring-Summer 2018
REAM-RTI Wire Mesh Filter Technology Boosts Efficiency of Artificial Lift
KNPC and Honeywell UOP: Challenges and opportunities of an FCC revamp
U.S. Shale’s Battle Droids March On and Take No Prisoners
Popular
Top videos
- 1. How SPE's 2018 President Sees Year Ahead
- 2. NOV Flagship Plant in Kostroma Manufacturers Drilling Rigs and Downhole Drilling Tools for Russia
- 3. Russian Oil&Gas Industry Week and NEFTEGAZ 2016
- 4. Transportation And Logistics Group Transoil
- 5. Rosemount Level Switch is Ideally Suited to Critical Overfill Applications
