Global Sourcing of Gas by Indian Companies

Sourcing of Gas by Indian Companies home(prenominal) Production diachronic Trends proved and indicated reserves of natural shooter in India were 1 074 bcm as of 1 April 2009, slightly up from 1 050 bcm as of April 2008. The wide studyity (787 bcm) represents onshore gas (287 bcm is onshore) according to the Ministry of ve regainable oil and inherent Gas.6 Exploration and development drilling in India is real as domestic production has grown from 12 bcm in the early(a) 1990s to levels around 30 bcm since 2000, before increasing dramatically during 2009. The fiscal year 2008/097 saw the drilling of 122 exploratory rise up up and 250 development wells working with total metreage of 888 000 m, the highest levels in inhabit five years. come in 1: Domestic net gas production by region 50 40 bcm bcm 30 Offshore 20 10 onshore 0 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 Assam Gujarat Tamil Nadu Andhra Pradesh Tripura West Bengal (CBM) Mumbai High buttocks / JVCs Source: Ministry of Petroleum and Natural Gas of India. Production has been or so flat at 30-32 bcm since 2002, but jumped to 46 bcm in 2009/10.8 virtually three quarters of the gas production came from the horse opera offshore area.

The share of offshore production increased to 80% in 2009/10. field located in Gujarat, Assam and and Andhra Pradesh are the major sources of onshore gas. smaller quantities of gas are also produced in Tamil Nadu, Tripura and Rajasthan as can be seen in introduce 1, but this changed due to the ! start of the offshore eastern seashore Krishna Godavari (KG) field in April 2009. Despite a relatively recollective E& adenosine monophosphate;P history, one major issue concerns the accompaniment that no full geological survey of the sedimentary basins has been spotless (see Figure 2). This issue, which is recognised by the government, is nevertheless critical to perpetrate investors. As already mentioned, ONGC and OIL are the two...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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