India's Gas Output Could See About 80% Jump in Six Years
Natural gas production in India is expected see a recovery in the next six years with output likely to jump by 80 percent, Deccan Chronicle newspaper reported.
Output is expected to rise from around 92 metric million standard cubic metre per day (mmscmd) to 160 mmscmd in the six years.
The petroleum and natural gas ministry informed the prime minister’s office (PMO) at a review meeting on April 28 that the bulk of this incremental gas output would come from the fields owned by two public sector energy explorers — ONGC and Oil India (OIL), Deccan Chronicle reported.
Private sector firm Reliance Industries is also expected to moderately raise production from its KG-D6 block, the most prolific gas discovery made in the country.
“The optimism on gas output is based on field development plans prepared by companies and approved by the government. These show the readiness of the fields to produce and indicate definitive growth,” a petroleum ministry official privy to the review told the newspaper.