At the ongoing Petrotech International conference on hydrocarbons, the central government plans to build three more liquified natural gas terminals on the east coast.
Additional Secretary in the Petroleum Ministry A.P. Sawhney said that the three new terminals planned will be located at Ennore, Kakinada and Dhamra ports.
Sawhney said, The government is also looking at reviving stranded gas-based power generation capacity in the country.
Petroleum Minister Dharmendra Pradhan said here last week that India plans to double its natural gas consumption from the current 120 million standard cubic metres a day to 240 mscmd in five years.
Pradhan also said, To increase the use of gas as a clean fuel India had drawn up major investment plans, particularly for the eastern and southern regions which have low gas use.
He further said, “Around $20 billion investment has been planned in the next five-seven years for gas exploration, specifically from the eastern offshore and for deepwater wells exploration.”
The three fertiliser unitsin the eastern region were being revived with the help of gas which would aid in the re-industrialisation of 20 cities, as Pradhan said.
He further added, “GAIL is undertaking the Jagdishpur-Haldia and Bokaro-Dhamra natural gas pipeline project and a series of LNG terminals are planned along the east coast.”
Earlier, the Prime Minister Narendra Modi said that the country needs energy which will accessible to the poor. He also said, over 300 million people in India do not have access to electricity, “amid the global uncertainities, India needs energy security.”
--with agency inputs
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