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The Prime Minister further said it was a collective duty to work towards clean and green sources of energy as well as energy independence."We are trying to eliminate the cascading effect of different taxes on natural gas across different states," he said adding this would help bring down the غير مجاز مي باشدt of gas. About 65. “In 2019-20, we were fourth in the world in (oil) refining capacity.“Can a diverse and talented nation like ours be so energy import-dependent?” he asked, addressing an online event to inaugurate oil and gas projects in poll-bound Tamil Nadu.5 lakh crore in creating oil and gas infrastructure over five years," he said. "A strong emphasis has been laid on the expansion of city gas distribution network by covering 470 districts.Modi further said India is looking to reduce energy import dependence through capacity building.“I do not want to criticise anyone but I want to say (that) had we focused on this subject much earlier, our middle-class would not be burdened,” he said.Ethanol extracted from sugarcane is being doped in petrol to reduce the requirement of imports.While global rates have rebounded with pick up in demand, the government has not restored the taxes, which are at a record high. We are committed to bringing natural gas under the GST regime," he said. “Today, India is increasing the share of energy from renewable sources. We are working on attracting domestic and international investment through investor-friendly measures," Modi said."

The Prime Minister dedicated to the nation the Ramanathapuram-Thoothukudi natural gas pipeline and Rs 500 crore gasoline desulphurisation unit at Chennai Petroleum Corporation Limited, Manali.3 per cent currently to 15 per cent. That is why India is now increasing the focus on ethanol to help farmers and consumers,” he said. The focus now is also towards using renewable sources of energy, which will by 2030 form 40 per cent of energy generated in the country, he said, listing measures such as increased share of solar power, focus on public transport, switching to LED bulbs, scrappage policy for vehicles and use of solar pumps in irrigation. This number is expected to rise even further. He also laid the foundation stone of a Rs 31,500 crore Cauvery Basin Refinery at Nagapattinam. "We are eager to increase the share of natural gas in energy basket from 6.5 per cent of petrol is ethanol and this proportion is targeted to be raised to 20 per cent by 2025, helping cut imports as well as give farmers an alternate source of income.New Delhi: On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi on Wednesday said the middle-class would not have been burdened if the previous governments had focussed on reducing India’s energy import dependence.

This has meant that taxes paid on inputs cannot be offset by taxes on the final product. "We have planned to spend Rs 7. Modi said the nation is looking to build a natural gas pipeline grid to boost uغير مجاز مي باشدe of the environment-friendly fuel that would help cut carbon emissions. By 2030, 40 per cent of all energy will be generated from green energy sources,” he said.. India, he said, is looking to cut energy import dependence as well as diversify its sources to reduce risks. Central and state taxes make up for 60 per cent of the retail selling price of petrol and over 54 per cent of diesel.“Our government is sensitive to the concerns of the middle class. "Today Indian oil and gas companies are present in 27 countries with an investment worth about Rs 2. Currently, 8.Price of petrol crossed the Rs 100 per litre mark in Rajasthan after fuel rates were hiked for the ninth day in a row.Without referring to the relentless increase in retail fuel prices, which are linked to international rates, he said India imported over 85 per cent of its oil needs in the 2019-20 financial year and 53 per cent of its gas requirement.70 lakh crore," he said.

”Also, Indian firms have ventured overseas in the acquisition of oil and gas assets, which provide energy security. "I want to tell the world come invest in Indias Wholesale long range E-scooters energy. The government is working towards raising the share of natural gas in the energy basket to 15 per cent from the current 6. When the GST in 2017 subsumed over a dozen central and states taxes, five products -- crude oil, natural gas, petrol, diesel and jet fuel (ATF) -- were kept out of it for the time being.3 per cent and is committed to bringing it under the Goods and Services Tax (GST) regime to eliminate cascading effect of multiple taxes, he added. "Since 2014, we have brought in various reforms across the oil and gas sector, covering exploration and production, natural gas marketing and distribution." City gas projects will # provide clean cooking fuel to households in form of piped natural gas, alternate transport fuel as CNG to vehicles and feedstock and fuel to industries.

First gas from the KG-DWN-98/2 project is targeted for end-2019 and peak output is enviغير مجاز مي باشدed at 16.A bulk of the output in the 2018-19 financial year came from fields that were given to ONGC on nomination basis.9 billion cubic meters in the fiscal year ended March 31, 2019, as it doubles up efforts to raise domestic output to curb imports.5 per cent jump in natural gas production to 25.7 BCM by 2021-22.472 BCM against the sales of 19.5 mmscmd last fiscal.Similarly, ONGC has drawn an investment plan of Rs 5,725 crore for Vashishta and S1 for total gas production of 14.ONGC, he said, is taking all measures to sustain the production level and then grow further as per the companys China Roman holiday classic scooter operational blueprint. Some of the onshore fields too saw the trend of falling output reversed.New Delhi: Reversing years of decline, state-owned Oil and Natural Gas Corp (ONGC) has reported a record 6.Giving details of projects that contributed to the increase, he said the incremental production came from Daman Offshore in the West as well as S1 –Vashishta in the eastern offshore.073 BCM.It is investing Rs 57,000 crore - one of the highest investments in the world in gas projects - in the high potential KG-DWN-98/2 project in the Bay of Bengal as well as in developing other discoveries on off the west coast.

The project contributed 4.683 BCM against 23."Some of our gas fields are very old like the Bassien field in western offshore. India currently imports over 80 per cent of its oil needs.819 BCM in 2018-19 as compared to 24.Natural gas production from ONGC-operated nomination fields, NELP blocks and joint venture assets reached 25.56 mmscmd by 2022.054 BCM to 0.During 2018-19, the company has, for the first time in its six-decade-old history, witnessed the highest ever gas production of 71 million standard cubic meters per day (mmscmd) in November 2018.The growth rate was higher than the global average of 3-4 per cent year-on-year.There has been a marginal increase in the New Exploration Licensing Policy (NELP) fields also from 0..61 BCM output in the previous fiscal, ONGC Chairman and Managing Director Shashi Shanker said here.Natural gas is the fastest growing primary energy source in the world.The company has stepped up efforts to bring newer fields into production after Prime Minister Narendra Modi set a stiff target of reducing oil import dependence by 10 per cent by 2022.93 BCM over a period of time.

Aiming to reduce dependence on imports for meeting energy needs and cutting greenhouse emissions, India is looking at increasing consumption of natural gas by more than doubling its share in energy basket to 15 per cent by 2030.The Daman project has been completed at an investment of Rs 6,086 crore for a production profile of 26. Gas output from these rose to 24.Shanker said, gas sales also recorded an impressive increase during the year with sales (provisional) standing at 20.494 BCM in 2017-18.The company is on course to produce 42 BCM by end of fiscal 2022, when its prized KG basin discoveries will come onstream. Current production # from the project stands at 3 mmscmd.43 BCM in the previous 2017-18 fiscal. Current gas production from the block is 4.

It is the cleanest burning petroleum-based fuel and has wide applications -- from being used to generate electricity to the running of automobiles (CNG) and firing kitchen stoves.The growth in output was largely contributed by C-26 Cluster fields, Daman and Vasai East fields in the western offshore as well as sub-sea well S2AB in the eastern offshore, he said adding ONGC has charted out a plan to double the gas production at 42.One of the major breakthrough On-shore projects is Tripura Gas Project for which an investment plan of Rs 5,000 crore is being drawn up to recover 49.61 BCM.5 mmscmd.37 BCM gas up to the profile period. These continue to make a substantial contribution to the overall domestic production of gas because of continuous monitoring of the fields, applications of state-of-the-art technology and best possible reservoir management," Shanker said.

"Investments worth over Rs 45,000 crore are enviغير مجاز مي باشدed in coming few years, across major cross country pipeline projects along Urja Ganga Project, Koch-Kootanad-Bangalore-Mangalore, Indradhanush North East Gas Grid and other crucial pipelines connecting supply and demand centres enviغير مجاز مي باشدed under the National Gas Grid," he said."Around 1,050 km of pipeline projects along Varanasi-Dobhi-Patna/Barauni, Auraiya-Phulpur and other last-mile connectivity were completed during the 2018-19 fiscal," he said at the AGM.Karnatak said the companys Custom retro style scooters Suppliers board has approved the utilisation of existing assets and premises of LPG plant at Usar in Maharasthra by converting it into 500,000 tonnes polypropylene complex at an investment of around Rs 8,800 crore.

The company is building a 2,655-km gas pipeline from Jagdishpur in Uttar Pradesh to West Bengal and Odisha.Polypropylene is used in a variety of applications, including packaging of consumer products, plastic parts of various industries including the automotive industry, special devices like living hinges, and textiles.New Delhi: State-owned gas utility GAIL India Ltd will invest over Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network, its chairman Ashutosh Karnatak said on Tuesday.It is rapidly building infrastructure to support the government push towards a gas-based economy by raising the share of natural gas in the energy basket to 15 per cent by 2030 from current 6."This is first of its kind project in India," he said, adding GAIL Board has also approved setting up of 60,000 tones polypropylene unit at the existing petrochemical facility at Pata in Uttar Pradesh.

The pipeline would be extended to Guwahati by laying an additional 750-km line.Investments would also go into the expansion of petrochemical plants."Your company has recently been authorised by (regulator) PNGRB to lay the 600 km Srikakulam-Angul natural gas pipeline through the recently-concluded bidding process. GAIL is looking to put up 400 CNG stations and give out a record 10 lakh piped natural gas (PNG) connections to household kitchens in the next 3-5 years.2 per cent.GAIL currently operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country. At Guwahati, it would interconnect with the upcoming 1,500-km 'Indradhanush' pipeline network conceived to operate in northeast by the public sector oil and gas majors.

"At present, your company is expanding the natural gas pipeline network by executing more than 5,700 kilometers of major projects," Karnatak said at the company's annual general meeting of shareholders here.Jagdishpur-Haldia & Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) project, also known as the 'Pradhan Mantri Urja Ganga' project, was inaugurated by Prime Minister Narendra Modi in July 2015. This limb is expected to be an important segment of the National Gas Grid and enhance your company's coverage of natural gas markets along the eastern coast as well," he said.Later talking to reporters, he said the investment would span over the next five years. Of this, Rs 32,000 crore would go into pipeline laying and another Rs 12,000 crore in city gas distribution (CGD) networks for retailing of CNG to automobiles and piped natural gas to household kitchens.

"Investments worth over Rs 45,000 crore are enviغير مجاز مي باشدed in coming few years, across major cross country pipeline projects along Urja Ganga Project, Koch-Kootanad-Bangalore-Mangalore, Indradhanush North East Gas Grid and other crucial pipelines connecting supply and demand centres enviغير مجاز مي باشدed under the National Gas Grid," he said."Around 1,050 km of pipeline projects along Varanasi-Dobhi-Patna/Barauni, Auraiya-Phulpur and other last-mile connectivity were completed during the 2018-19 fiscal," he said at the AGM.Karnatak said the companys Custom retro style scooters Suppliers board has approved the utilisation of existing assets and premises of LPG plant at Usar in Maharasthra by converting it into 500,000 tonnes polypropylene complex at an investment of around Rs 8,800 crore.

The company is building a 2,655-km gas pipeline from Jagdishpur in Uttar Pradesh to West Bengal and Odisha.Polypropylene is used in a variety of applications, including packaging of consumer products, plastic parts of various industries including the automotive industry, special devices like living hinges, and textiles.New Delhi: State-owned gas utility GAIL India Ltd will invest over Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network, its chairman Ashutosh Karnatak said on Tuesday.It is rapidly building infrastructure to support the government push towards a gas-based economy by raising the share of natural gas in the energy basket to 15 per cent by 2030 from current 6."This is first of its kind project in India," he said, adding GAIL Board has also approved setting up of 60,000 tones polypropylene unit at the existing petrochemical facility at Pata in Uttar Pradesh.

The pipeline would be extended to Guwahati by laying an additional 750-km line.Investments would also go into the expansion of petrochemical plants."Your company has recently been authorised by (regulator) PNGRB to lay the 600 km Srikakulam-Angul natural gas pipeline through the recently-concluded bidding process. GAIL is looking to put up 400 CNG stations and give out a record 10 lakh piped natural gas (PNG) connections to household kitchens in the next 3-5 years.2 per cent.GAIL currently operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country. At Guwahati, it would interconnect with the upcoming 1,500-km 'Indradhanush' pipeline network conceived to operate in northeast by the public sector oil and gas majors.

"At present, your company is expanding the natural gas pipeline network by executing more than 5,700 kilometers of major projects," Karnatak said at the company's annual general meeting of shareholders here.Jagdishpur-Haldia & Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) project, also known as the 'Pradhan Mantri Urja Ganga' project, was inaugurated by Prime Minister Narendra Modi in July 2015. This limb is expected to be an important segment of the National Gas Grid and enhance your company's coverage of natural gas markets along the eastern coast as well," he said.Later talking to reporters, he said the investment would span over the next five years. Of this, Rs 32,000 crore would go into pipeline laying and another Rs 12,000 crore in city gas distribution (CGD) networks for retailing of CNG to automobiles and piped natural gas to household kitchens.