India to import more natural gas, says Moily

June 12, 2013

Moily

New Delhi, Jun 12: India is in talks with overseas explorers to buy as much as 20 million tonnes of liquefied natural gas (LNG), Petroleum Minister Veerappa Moily said on Tuesday, but expressed concern over increasing landing cost of LNG.

“India has now become the fifth largest importer of LNG after Japan, South Korea, the UK and Spain and accounts for 5.5 per cent of the total trade,” he said, addressing the third IEF NOC-IOC Forum.

A lot of capacities are being created in India and a huge number of supply deals have been there. The LNG regasification capacity is expected to be more than 50 million tonnes per annum by 2016-17 with a supply of 198 million standard cubic meters per day, he said.

India already has secured a supply deal of around 14 mmtpa and around 20 mmtpa deals are in the pipeline. “But the challenge before us is that the landed cost is expected to remain high, the lower range of which may be $10-12/mmbtu,” he said.

“Making LNG a cheaper comparable fuel option is a great task,” the minister said.

India has three operational LNG import facilities — 10 million tonnes terminal at Dahej and 3.6 million tonnes plant at Hazira in Gujarat and 5 million tonnes terminal at Dabhol in Maharashtra.

A 5 million tonnes capacity terminal is to be commissioned in Kochi, Kerala this year. LNG terminals are being planned on the east coast as well.

Moily, however, underlined the need for reducing the energy import cost by 50 per cent by 2020, 75 per cent by 2025 and eventually achieve self-sufficiency and energy independence by 2030.

“Part of this will be done by finding more oil and gas. Despite very low per capita consumption of energy, which is about one-third of the global average, India is the fourth- largest consumer of energy in the world and is expected to become the third largest consumer of energy by 2030,” he said.

India’s energy consumption will grow at around 7.2 per cent during 2007-2030 in comparison to the world average of 1.5 per cent, he said. As per IEA projections, India will be needing an additional 271 million tonnes of oil and 97 million tonnes of oil equivalent gas per annum by 2030.

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News Network
February 13,2020

New Delhi, Feb 13: Arvind Kejriwal wrote to Delhi Lieutenant Governor Anil Baijal on Wednesday, staking claim to form the government in the national capital, sources said, while hinting that the AAP might not invite senior leaders and chief ministers of other parties for the oath-taking ceremony.

The sources said it was the formal process by the AAP chief, who was elected as the legislature party leader earlier in the day, to stake claim for forming the new government.

Kejriwal, who returned to power in Delhi with a stunning poll victory on Tuesday, will take oath as chief minister for the third consecutive time on February 16.

While the oath-taking ceremony will be open to the public, the Aam Aadmi Party (AAP) was considering not inviting leaders and chief ministers of other parties as it did not wish to be seen as a "confrontationist" against the BJP-led Centre, the sources said.

They, however, added that the party was yet to take a decision on it.

The AAP has planned mobilisation of people for the mega event and all the newly-elected MLAs of the party have been asked to ensure huge participation from their constituencies.

"I request the people of Delhi to attend the oath-taking ceremony of the chief minister at the Ramlila Maidan in large numbers," senior AAP leader Manish Sisodia told reporters, adding that the ceremony will start at 10 am.

The AAP won 62 seats in the 70-member Delhi Assembly, while the Bharatiya Janata Party (BJP) bagged the remaining eight seats. The Congress drew a blank for the second consecutive time in the Delhi polls.

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News Network
January 1,2020

New Delhi, Jan 1: Union Minister Prakash Javadekar launched a scathing attack on the Aam Aadmi Party and the Congress for allegedly inciting violence in Delhi against the Citizenship (Amendment) Act. Mr Javadekar said the violence over the amended citizenship law that broke out in areas like Jamia Nagar, Seelampur and Jama Masjid "cannot be forgiven".

"In Jamia, the Congress' Asib Khan and AAP's Amanatullah Khan delivered inciting speeches. They spread disinformation. The law is to give citizenship to people and not take citizenship away," Mr Javadekar told reporters.

He said the people of India understand the plans of the Congress and the AAP and both parties should apologise.

"We will bring out the truth. The fight is between anarchists and those who oppose them. Our agenda would be wholesome development of Delhi. The AAP strangulated municipal corporations' attempt on development. Rs 900 crore was not given. Today, the people of Delhi are surprised that the AAP slept through all these 4.5 years and in the remaining six months they have launched schemes," Mr Javadekar said.

"The work is done by someone else and the credit is taken by a different individual," the Union Minister said, referring to allegations that the government led by Chief Minister Arvind Kejriwal took credit for work done by BJP-ruled municipal agencies.

"Who did fogging in dengue season? Our corporations organised an awareness drive against water accumulation and dengue cases went down. During corporation polls, Kejriwal said don't choose BJP as dengue will claim lives. Now he is also claiming credit for decrease in dengue cases because of the work done by these corporations," Mr Javadekar said.

"I am an environment minister. We worked on pollution control. There is no limit to their (AAP's) lies. About unauthorised colonies, the AAP says we have not regularised it. We made a law signed by the President, yet they spread lies," Mr Javadekar said.

The election in Delhi will be held before the end of February.

Comments

Angry Indian
 - 
Wednesday, 1 Jan 2020

Wash you face with cow urine !!!

sorry sorry with DOG URINE...

you will be enlightened...

 

get lost moron...from wher u came....rat hole or A@@ hole

Fairman
 - 
Wednesday, 1 Jan 2020

Don’t pollute Delhi. Leave them alone.

Every citizen including your own BJP minded people all are very happy with Kerjrival and Aam Admi Party.

 

Every citizen in Delhi are very very happy.

For God sake leave alone, don’t disturb them as spoiled in other parts of the country.

 

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Agencies
July 31,2020

Thiruvananthapuram, Jul 31: People offered Eid-al-Adha namaz while ensuring social distancing norms at mosques in Thiruvananthapuram and Mallapuram on Friday.

Kerala Chief Minister Pinarayi Vijayan had on Thursday announced that the Eid-al-Adha prayers can be offered in mosques of the state on Friday with a limited number of people due to the COVID-19 pandemic.

Kerala is celebrating the festival of Eid-al-Adha on Friday.

Eid al-Adha or Bakrid, also known as "Sacrifice Feast" is marked by sacrificing an animal, usually a sheep or a goat to prove their devotion and love for Allah. Post the sacrifice, devotees distribute the offering to family, friends, neighbours and especially to the poor and the needy. 

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