Demand of Natural Gas
The Minister of State (I/C) for Petroleum & Natural Gas Shri
Dharmendra Pradhan informed the Rajya Sabha in a written reply today that the
details of natural gas production during 2014-15 to 2017-18 are as under:
|
Year
|
Natural gas production (in mmscmd) *
|
|
2014-15 (Actual)
|
90.993
|
|
2015-16 (Projected)
|
97.43
|
|
2016-17 (Projected)
|
106.33
|
|
2017-18 (Projected)
|
138.33
|
*
The
availability of natural gas varies depending upon internal consumption and
technical flaring of natural gas.
Presently, the normative requirement of
gas for power sector at 70/75 % PLF is around 81.5 mmscmd and after
commissioning of 5449 MW of gas based power generation capacity, the normative
requirement of gas would be around 102.90 mmscmd.
The
current requirement of natural gas for fertilizer sector is 49.321 mmscmd which
would increase by 14.4 mmscmd by the end of 2017-18.
The cost of production of natural
gas varies from company to company and field to field depending upon size/type
of the reservoir, location of reservoir, operating cost, financing cost,
depreciation, depletion and amortization applicable and accounting procedure
followed by various E&P companies as well as taxes and duties levied by the
Government. The price of domestic natural gas is determined in accordance with
the New Domestic Natural Gas Pricing Guidelines, 2014. Save as otherwise
provided in the above guidelines, the base price of domestic natural gas
supplied from a particular source is same for all consumers irrespective of
their location, except for North East Region where the rate is 60% of the
notified rate for certain allocations. However, the delivered price of the
domestic natural gas may change from State-to-State depending upon
transportation charges, State and Local Taxes and levies etc.
Government
has taken several steps to improve the availability of gas which, inter-alia,
include, intensification of domestic exploration and production activities
through New Exploration Licensing Policy (NELP) rounds, development of shale
gas policy framework, research and development of gas hydrate resources in the
country, import of Liquefied Natural Gas (LNG), exploring possibility of
transnational gas pipelines, clearance for exploration and development of some
NELP blocks, exploration in the Mining Lease Area with certain conditions and
acquisition of overseas oil and gas assets.
MJPS/Rk
(Release ID :121648)
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