Natural gas production and import
The details of natural gas production, consumption and import in the country for the last three years are as under: -
Year
|
Natural Gas Production
(in BCM)
|
Natural gas Import
(in BCM)
|
Natural gas Consumption
(in BCM)
|
2015-16
|
32.25
|
21.38
|
52.51
|
2016-17
|
31.90
|
24.68
|
55.53
|
2017-18
|
32.65
|
26.32
|
58.06
|
*BCM- Billion Cubic Metre
The major policy initiatives taken by the Government during the last about four years to enhance production include, finalisation of Hydrocarbon Exploration & Licensing Policy (HELP) and Open Acreage Licensing Policy (OALP), formulation of Discovered Small Field Policy (DSF), survey of un-appraised area of sedimentary basins, setting up of National Data Repository, policy framework for exploration and exploitation of unconventional hydrocarbons, streamlining of production contracts and fiscal incentives, etc. Under HELP/OALP, 55 Blocks having an acreage area of 59,282 sq. km. have been awarded in Bid Round-I in October, 2018. Under Round-II of this Policy, bids for 14 blocks having an acreage area of 29,233 sq. km. have been launched on 7th January, 2019. Under Discovered Small Field Policy (DSF) 30 contracts for 43 discovered small fields were signed in March, 2017. In addition, 59 more fields/discoveries have been offered in August, 2018 for bidding in DSF Bid Round-II. These discoveries are estimated to have 189.61 Million Metric Ton (MMT) Oil and Oil equivalent gas in place.During the last three years i.e. from 2015-16 to 2017-18,ONGC has made 24 discoveries and OIL has made 10 discoveries in Nomination and NELP blocks.
This information was given by Minister of Petroleum & Natural Gas, Shri Dharmendra Pradhan in a written reply to the Rajya Sabha today.
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YKB
(Release ID :188105)
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