Natural gas market: feasibility studies of natural gas in various sectors in India and globally
Student name: Mr Akshay Gupta
Guide: Dr Montu Bose
Year of completion: 2018
Host Organisation: ICF Consulting India Pvt. Ltd.
Supervisor (Host Organisation): Mr Ankit Gupta
Abstract: ICF is a global consulting services company which specializes in providing program implementation, analytics and advisory services, with expertise in sectors like Energy, Environment, Government, Health, Social Programs and Transportation. With a vision of moving towards a gas based economy and increasing its share to at least 15% in the primary energy mix, Government of India is taking several policy and regulatory initiatives including providing budgetary support to Eastern India pipeline grid and fast-tracking the development of gas infrastructure, market, and growth of Industry. Further to unlock the huge potential of gas, it is critical that India addresses newer platforms to meet the requirements of the Industry and end-users. This requires the development of a natural gas hub (physical market), setting up of LNG gas terminals and expansion in City Gas Distribution projects across Indian districts. The global experiences suggest that gas trading hub is the foundation of competitive gas markets and Indian Government has imminent plans to set up a gas trading exchange, 11 LNG terminals and expansion of CGD projects across 170+ districts in India in upcoming seven years. This report aims to feasibly analyse the prospective growth of these Natural Gas sectors in India.
Keywords: Gas Trading Hub, LNG Terminal, CGD, PNGRB, GAIL, Natural Gas
