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Natural gas supply growing much faster than demand

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Natural gas supply growing much faster than demand


The shortfall of natural gas in the country is set to widen over the next couple of years and then stabilise by 2017-18, according to data presented by the Minister of Petroleum and Natural Gas Dharmendra Pradhan to Parliament during the ongoing session. According to the Minister, India’s natural gas production would touch 46.3 billion cubic metres (BCM) in 2017-18, up from the 33.6 BCM achieved in 2014-15. However, the improvement over this year is to be minimal, with the Ministry projecting only 33.86 BCM to be produced in 2015-16, a 0.6 per cent improvement over the previous year.
http://www.thehindu.com/todays-paper/tp-business/natural-gas-supply-growing-much-faster-than-demand/article7532178.ece

  • natural gas supply, nicct, Telanga

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