Help Desk -
9717405332, 9599714297, 9810335381

India’s natural gas production grows 5.10pct in April 2018

Gasoil News - Published on Fri, 08 Jun 2018

Image Source: ET
ET reported that India’s natural gas production in April grew 5.10 per cent to 2,663 Million Standard Cubic Meter (MMSCM) as compared to the corresponding month of the last financial year, mainly due to increased production from offshore basins operated by state-owned Oil and Natural Gas Corporation (ONGC), fresh data sourced from the oil ministry showed.

Also, electricity generation from gas-based power plants in the country reported a 19.31 per cent increase at 4,607 Million Unit (MU) on the back of increased availability. Domestic natural gas supply to private and government-owned gas-based power plants increased to 33.13 Million Standard Cubic Meter/Day (MMSCMD) in April 2018 as compared to 28.14 MMSCMD supplied in the corresponding month.

The average Plant Load Factor (PLF) of natural gas power plants stood at 25.83 per cent in April 2018 as compared to 21.35 per cent recorded in the corresponding month a year ago. As domestic production of natural gas is not sufficient to meet the country’s demand, the government allocates domestically produced gas based on Domestic Gas Allocation Policy. The power sector falls fifth in the priority.

ONGC Gas Production
ONGC’s natural gas production in April increased 10.11 per cent to 1,972 MMSCM mainly due to better performance of the company’s onshore and offshore sites. Production from onshore sites rose to 471 MMSCM in April from 463 MMSCM in the corresponding month a year ago. The marginal increase is attributable to rise in production from basins in Andhra Pradesh, Tamil Nadu and Rajasthan. Gas production fell from ONGC’s basins in Assam, Gujarat and Tripura.

The company’s domestic offshore production increased to 1,501 MMSCM in April due to a 13 per cent increase in production from basins in the Western Offshore to 1,439 MMSCM. ONGC’s gas production from Eastern Offshore increased by 10 MMSCM to 62.53 MMSCM in the month.

Oil India Ltd Gas Production
Oil India, the second-largest state-run upstream firm, recorded a 8.29 per cent fall in production in April to 221 MMSCM due to temporary suspension of supply to North Eastern Electric Power Corporation (NEEPCO) for about 8 days due to cleaning of their delivery line by the transporter Assam Gas Company (AGCL).

Also, upliftment of gas by Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) suffered due to unscheduled maintenance work at their Namrup-II & III plants, Oil ministry said in a report. OIL’s gas production fell from Assam basins to 202 MMSCM, while production from basins in Arunachal Pradesh and Rajasthan increased marginally in April.

Private/ Joint Venture Companies
Natural gas production of by private and Joint Venture (JV) companies fell by 6.36 per cent to 470 MMSCM in April mainly due to underperformance of Coal Bed Methane (CBM) wells of Reliance Industries’ Sohagpur West block, lower production from Hindustan Oil Exploration Company’s Assam-Arakan basin due to lower consumer demand.

Gas production also fell due to decreased production from Essar’s Raniganj East CBM block due to planned maintenance and major consumer Matix Fertilizers operational shutdown and decrease in production from RIL’s KG-DWN-98/3 block.

Natural gas production from onshore sites operated by private and JV upstream companies increased to 130 MMSCM in April on the back of increased production from blocks in Rajasthan, Assam, Andhra Pradesh, Arunachal Pradesh and Tamil Nadu.

Gas production from offshore sites decreased to 276 MMSCM during the month from 346 MMSCM reported in the corresponding month a year ago. Production from eastern and western offshore fell to 158 MMSCM and 111 MMSCM, respectively, while production from Gujarat offshore increased to 8 MMMSCM.

CBM production by private and JV companies increased to 63 MMSCM in April primarily due to increase in production from Madhya Pradesh CBM block. Production from CBM blocks in Jharkhand and West Bengal fell in April.

Natural Gas Imports
The country’s natural gas imports in April increased 4.5 per cent to 2,280 MMSCM while the gas import bill increased 33.33 per cent to $0.8 billion during the month. LNG was procured during the month by Petronet LNG Ltd, GAIL (India) Ltd, Gujarat State Petroleum Corporation Ltd, RIL, Torrent Power and Bharat Petroleum Corporation Limited.

Source :

Posted By : Nanda Koijam on Fri, 08 Jun 2018
Related News from Gasoil segment