|By PR Newswire||
|March 26, 2014 05:19 PM EDT||
DUBLIN, March 26, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/22x4dh/india_natural_gas) has announced the addition of the "India Natural Gas Market Forecast and Opportunities, 2019" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
According to India Natural Gas Market Forecast & Opportunities, 2019, the Indian natural gas market is projected to grow at a CAGR of around 26% during 2014-19. The demand for natural gas is majorly driven by power generation segment, due to increasing gas based power plants and availability of natural gas to existing plants, which are currently operating below the design capacity. The LNG (Liquefied Natural Gas) terminal at Dahej, Gujarat operated by PLL (Petronet LNG Limited) is the largest LNG importing destination in the country. The terminal capacity has been recently expanded to 10 MMTPA (Million Metric Tons Per Annum) from 5 MMTPA. The operations at PLL's recently commissioned Dhabol and Kochi terminals have also commenced. The capacity of Hazira Terminal, operated by Hazira LNG & Port, has also been expanded to 5 MMTPA. New terminals have been planned by companies such as PLL, GSPC and GAIL at Ganagavaram, Mundra and Paradip, respectively.
"Natural gas accounts for around 10% share of the overall energy consumption in India. Widening demand and supply gap has resulted in increasing natural gas imports in the form of LNG (Liquefied Natural Gas). The natural gas imports are expected to rise significantly over the next five years. The rising concern of Green House Gas emissions and low price of natural gas is driving the demand for natural gas in India. Government is promoting natural gas production in India by introducing new pricing policy for the players producing domestically. Also, the government is encouraging the production from unconventional resources such as Coalbed Methane (CBM) and shale gas. The pipeline network is rapidly expanding, with new pipelines planned to be commissioned during the next five years. Moreover, the expansion plans of existing pipeline system are already under process. The western region leads in-terms of pipeline infrastructure, while southern and eastern regions have limited pipeline availability. New pipelines are planned in the eastern and southern regions, which would facilitate the supply natural gas to various cities in these regions.
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with natural gas players, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Key Topics Covered:
1. Executive Summary
2. Global Natural Gas Market Outlook
3. India Natural Gas Market Outlook
4. India Natural Gas Reserves
5. India Natural Gas Production Outlook
6. India Natural Gas Pricing Analysis
7. India Natural Gas Transmission Infrastructure
8. India Natural Gas Market Dynamics
9. India Natural Gas Market Trends and Developments
10. India Natural Gas Market Policy and Regulatory Landscape
11. India Taxes & Duties In Oil & Gas Sector
12. India Economic Outlook
13. India Competitive Landscape
14. Strategic Recommendations
15. Research Methodology
- Cairn India Limited
- Essar Oil Limited
- GAIL (India) Limited
- Gujarat State Petronet Limited (GSPL)
- Indraprastha Gas Limited (IGL)
- Mahanagar Gas Limited (MGL)
- Oil India Limited (OIL)
- Oil and Natural Gas Corporation (ONGC)
- Petronet LNG Limited (PLL)
- Reliance India Limited (RIL)
For more information visit http://www.researchandmarkets.com/research/22x4dh/india_natural_gas
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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