Untitled Document
Excon, Excon 2011 Biggest Construction Equipment Trade fair India.
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www.epcworld.in
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Oil And Gas |
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| 03/24/2010 01:57:00 PM |
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Jitin Prasada, Minister of Petroleum and Natural Gas has called for a faster roll-out of the city-gas distribution projects in the country. Delivering the Valedictory address at the 6th Asia Gas Partnership Summit he said, “We are highly burdened by our oil import dependence, mainly driven by ever-growing demand for diesel for transport sector. The Indian gas sector should aim to replace diesel with gas in a significant way.†|
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The Minister pointed out that we have already done it in our metros like Delhi and Mumbai and we have identified another 200 cities in the country to replicate this model. Adding that clean-fuel urbanization is now not an option but a necessity, he stated that an independent regulator in the form of Petroleum & Natural Gas Regulatory Board (PNGRB) is already in place and if there need be we are ready for any necessary statutory amendments to speed up the commissioning of CGD projects.
The Minister also underlined the importance of developing National Gas Grid on priority. He expressed hope for India becoming an important destination for LNG supplies since North America is now not expected to import significant volumes of LNG, due to increasing availability of shale gas in the US.
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