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Govt to invest $20 billion in gas fields in next 5-7 yearrs: Dharmendra Pradhan

This is to develop natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast

Press Trust of India  |  New Delhi 

India will see an investment of about $20 billion in gas field development in the next 5-7 years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said on Wednesday. The investment will be primarily in developing natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast, the minister said at CII's 'Global Energy Dialogue' event here. "We are now expediting production of gas from domestic sources to the extent of 20 trillion cubic feet from already discovered sources ...

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Govt to invest $20 billion in gas fields in next 5-7 yearrs: Dharmendra Pradhan

This is to develop natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast

This is to develop natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast India will see an investment of about $20 billion in gas field development in the next 5-7 years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said on Wednesday. The investment will be primarily in developing natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast, the minister said at CII's 'Global Energy Dialogue' event here. "We are now expediting production of gas from domestic sources to the extent of 20 trillion cubic feet from already discovered sources ... image
Business Standard
177 22

Govt to invest $20 billion in gas fields in next 5-7 yearrs: Dharmendra Pradhan

This is to develop natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast

India will see an investment of about $20 billion in gas field development in the next 5-7 years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said on Wednesday. The investment will be primarily in developing natural gas discoveries by state-owned ONGC and Reliance Industries-BP joint venture off the east coast, the minister said at CII's 'Global Energy Dialogue' event here. "We are now expediting production of gas from domestic sources to the extent of 20 trillion cubic feet from already discovered sources ...

image
Business Standard
177 22