The global gas industry is currently in a state of oversupply. This is good news for India which is determined to increase the share of natural gas in its energy mix and is building a […]
The city gas distribution (CGD) sector has shown significant progress in the past six months. The government has taken several initiatives to attract investments in the sector and expedite the process of granting authorisations. The […]
India has city gas distribution (CGD) networks in 91 geographical areas (GAs) operated by 36 firms. With 16,500 km of pipelines in operation, around 4.2 million domestic consumers and over 33,000 industrial and commercial consumers, […]
India’s demand for crude oil has shown continuous growth over the past four years. As per data available from the Petroleum Planning and Analysis Cell (PPAC), the domestic consumption of petroleum products has grown at […]
The city gas distribution (CGD) segment has witnessed mixed progress in the past few years. The network has continued to grow and fresh licences have been issued at a much faster pace. However, despite several […]
Domestic gas supply, which had been increasing since 2008-09, peaked in 2010-11 with the Krishna-Godavari (KG)-D6 basin starting production. However, supply fell in the following two years as production from KG-D6 dropped below anticipated levels. […]
With the objective of promoting clean fuel use in the country, city gas distribution (CGD) networks were accorded public utility status in 2016. This allows the entities to increase the coverage of their networks, comprising […]
The Gujarat State Petroleum Corporation (GSPC) is a diversified oil and gas company that operates in the upstream, midstream as well as downstream segments directly or through its subsidiaries. GSPC’s operations are spread across the […]
Plummeting crude oil prices over the past year have been a big positive for the import-reliant Indian economy. The scenario not only softened oil and gas import bills for the country, but also provided a […]
The city gas distribution (CGD) segment has shown mixed progress in the past few years. […]
Ravichandran, Senior Vice-President and Co-Head, Corporate Ratings, ICRA […]
The city gas distribution (CGD) sector has shown mixed progress in the past few years. In the fifth and sixth bidding rounds, there has been an increase in the number of geographical areas (GAs) bid out. However, the number of GAs receiving just one bid or no bids at all have increased. […]
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