The oil and gas industry across the globe has observed significant volatility in prices in recent times. Both crude oil and natural gas prices have exhibited a decline owing to a huge glut in supply. […]
Over the years, several gas operators have stepped up efforts to develop and expand their pipeline network infrastructure. This has led to the implementation of several key gas pipeline projects in the country, such as […]
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 country’s rich history of energy exploration, the first pipeline to be commissioned, as early as 1962, was the 1,167 km Naharkatia-Nunmati-Barauni crude oil pipeline. Today, the operational natural gas pipeline network is 16,121 […]
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 current oil and gas demand in the country outstrips supply by a wide margin, thus making a strong case for investment in exploration and production (E&P) as well as in infrastructure for transmission and distribution. […]
India’s demand for oil and gas is only partly met by domestic production. The country imports over 75 per cent of its crude oil requirement and 35-40 per cent of its gas needs. […]
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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