Natural Gas | Blog @ EAI

Archive for the ‘Natural Gas’ Category

Natural Gas Production, Resources and Consumption to be more Than Oil

By Narsi Santhanam • Jul 6th, 2009

India’s current oil production is around 660,000 barrels a day that of gas has touched 676,000 barrels of oil equivalent a day. According to the latest figures released by the ministry of petroleum and natural gas show that during the first two months of the current fiscal, domestic crude oil production stood at 40.3 million [...]

India May Impose Cess on Natural Gas Produced in the Country

By Narsi Santhanam • May 14th, 2009

The government is considering a cess on natural gas produced in the country to finance the expansion of gas pipeline network. The proposed cess could be used for constructing 500 to 600 km of gas pipeline. If the cess was pegged at Rs.9 per one million British thermal units, Rs.3,000 crore could be generated annually [...]