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ONGC investing in natural gas over $5 billion near KG blocks
Oil & Natural Gas Corp. is planning to invest more than $5 billion in developing two gas finds in areas adjacent to Reliance's Krishna Godavari blocks. - Read More
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Topics : Oil and Gas Oil Natural Gas
Iran India natural gas estimates
Acc to estimates in 2000, India has about 22 tcf NG, produces and consumes about 761 bcf per year. Iran has 812 tcf (!), produces 1.9 bcf and consumes 1.8 bcf. Pakistan has 21.6 tcf, produces and consumes 0.7 and 0.7 tcf. - Read More
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Topics : Natural Gas Oil and Gas
India's natural gas reserves
Almost 70% of India?s natural gas reserves are found in the Bombay High basin and in Gujarat. Offshore gas reserves are also located in Andhra Pradesh coast (Krishna Godavari Basin) and Tamil Nadu coast (Cauvery Basin). Onshore reserves are located in Gujarat and the North Eastern states (Assam and Tripura). - Read More
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Topics : Oil and Gas Natural Gas
India's Demand for Oil & Gas
Demand for oil in India stands at approximately 2 million barrels, but consumption is increasing rapidly. Demand is expected to reach 3 million barrels annually in 2005 and 4 million barrels in 2010. Indian consumption of natural gas has risen faster than consumption of any other fuel in recent years. From only 17 billion cubic meters (bcm) per year in 1995, natural gas use is projected to reach 34 bcm in 2000 and 53.8 bcm in 2005 - Read More
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Topics : Oil Oil and Gas