Natural Gas in India. New Delhi,
Infraline, 2005.
Natural Gas in India. New Delhi,
Infraline, 2005.
"Natural gas is fast emerging as the most important
energy source for the future. The abundance of natural gas, worldwide as well as
domestically, coupled with its environmental soundness and multiple applications
across all sectors, implies that natural gas is going to play an increasingly
important role in meeting demand for energy world over.
In India, Natural Gas got attention as a fuel of importance
in the last 2 decades when the Government setup Gas Authority of India Limited
to handle the gas distribution business. Till that time, ONGC and OIL were
looking after production and distribution of natural gas. Since the last one and
a half decade, natural gas started finding a number of usages as an environment
friendly high efficiency fuel. With the turn of Century, the following key
developments marked a key milestone in the growth of natural gas sector as an
industry:
1. Hydrocarbon Vision 2025 predicted huge demand supply gap
and emphasized the need of bridging the gap. 2. Besides ever growing need of
Power and Fertilizer sectors, natural gas started finding its usage also in
other industries such as petrochemicals, transportation, sponge iron, glass and
ceramics. 3. A number of LNG Terminals were planned, some of which have are now
already in their construction phase. 4. New gas pipeline infrastructure started
coming up. 5. E&P activities in NELP blocks started giving very encouraging
results. 6. Gas Prices were taken up for revision. 7. More number of domestic
and international players started taking interest in the sector.
All these activities put the Indian Natural Gas market firmly
on the World Energy Map and the sector started drawing attention from
Infrastructure Developers, Financial Institutions, Equipment Manufacturers, EPC
Contractors, Consultants, Management and Legal Advisors, from world over
etc."