The rendezvous
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National conclave on emerging opportunities in the natural gas sector Newspaper Style Design Experiment
Gas pipelines network from Kutch
to Kohima and Kashmir to Kochi
P&NG Minister calls upon stakeholders to contribute
positively in transforming India into a gas-based economy

Thesynergyonine Energy Bureau

Present share of gas in India's energy basket 6.2%

Target is to take it to 15% by 2030

NEW DELHI, JANUARY 23 : Minister of Petroleum and Natural Gas Mr Dhamendra Pradhan has called upon all the stakeholders to contribute positively in transforming India into a gas based economy. Presiding over the national conclave on emerging opportunities in the natural gas sector here today, he said that the present share of gas in the energy basket of the country is 6.2% and the target is to take it to15% by 2030. He said that the world average is 24% while within the country, the Gujarat has 26% share of gas based energy.

Natuural gas

Next generation fossil fuel

Describing the natural gas as the next generation fossil fuel which is comparatively cheaper and less polluting, Mr Pradhan said that the Government has taken a number of initiatives to give thrust to gas based economy.

He said that the domestic gas production is likely to increase in the current financial year to 34.55 billion cubic metre.

Pricing and LNG marketing freedoms have been given to gas producers, LNG terminal capacity is being augmented and national gas grid is being developed. Shri Pradhan said that this is the first time that Government of India is providing Rs.10,500 crore worth of viability gap funding for laying pipeline in Eastern and North-Eastern India. He said gas pipeline network will be ready from Kutch to Kohima and Kashmir to Kochi.

CAll to support

Gas infrastructure activities

Mr Pradhan said that Rs 4 lakh crore worth of investment is likely to be made in such projects which is a challenge as well as an opportunity.He said that the sources of import have been diversified and the Government is holding discussions with gas-exporting countries for getting more gas on favourable terms. He said that CBG is a great initiative which has the potential to generate wealth from waste, provide employment, protect the environment, and give boost to the economy.

Calling upon the States to fully cooperate and support the gas infrastructure activities and projects, he said Ministry of Petroleum and Natural Gas has prepared a draft Policy of City Gas Distribution (CGD), which may be adopted by States to facilitate such activities.

Help Desk

for holding any future interaction with all stakeholders. The buzz of the little world

Mr Pradhan called upon all the entities who have bagged CGD rounds to not delay their work and immediately start action. He also called upon PNGRB to strictly monitor the progress.

Mr Pradhan announced that Federation of Indian Petroleum Industry (FIPI) will have a Help Desk for holding any future interaction with all stakeholders. He assured full support to all the stakeholders who are part of the gas based supply chain.

Suggestions

for improving the gas network

In today's meeting State Ministers from Gujarat, Assam, Odisha, Himachal Pradesh, Uttarakhand, Bihar, Manipur, Chhattisgarh, Punjab and Goa participated. They also gave suggestions for improving the gas network in the country. Besides various stakeholders from private and public sector involved in various aspects of supply chain of gas distribution took part in the conference. An exhibition was also inaugurated by the Minister, highlighting various developments and initiatives in the gas sector.