Guwahati, Nov 29, IRNA -- India's Petroleum Minister Mani Shankar
Aiyar said on Sunday that in order to meet growing demand for natural
gas India will increase domestic production and import gas by pipeline
from Iran through Pakistan.
India produces about 90 million standard cubic meters of natural
gas per day as against its daily demand of 120 million standard cubic
meters. The projected demand of natural gas in India by 2020 stands
at a staggering 400 million standard cubic meters a day, India's
Petroleum Minister Mani Shankar Aiyar told journalists in Assam's
main city of Guwahati.
"Much depends on the Iran-Pakistan-India pipeline if we are to
provide energy security in the country," Aiyar said, adding that
newer technologies are to be invented if India wishes to increase
crude oil production.
He also said India was shifting its focus from striking crude
oil to natural gas and foreign experts have been called in to look
for gas reserves in the bed of the great Asian river Brahmaputra.
"The answer lies not in striking crude oil but finding more and
more gas reserves in the country. Natural gas is going to be the fuel
of the future by substituting oil."
The minister said two new gas fields were found in eastern Assam
recently, while six more gas fields were under survey in the adjoining
Arunachal Pradesh state.
Aiyar said India's state-owned Oil India Limited (OIL) is bringing
in six geo-physical contractors from the United States, France,
Poland and Britain next week for an on-the-spot survey of the river.
The six firms are the Compagnie Generale De Geophysique (France),
Petroleum Geo Services (USA), Western Geco (USA), Western Geco (UK),
GT Poland and Grant Geophysical (USA).
"One of the companies will get the contract for carrying out this
exciting project of looking for gas reserves in the Brahmaputra
river bed," the minister said.
The entire operation, organized by the OIL, is expected to cost
about one billion rupees (22.1 million dollars), an OIL official said.
"We do not really know if we will strike gas but then there is a
very strong potential and hence this risky venture of undertaking a
survey to find gas reserves in the bed of the Brahmaputra," Aiyar
said.
The 2,906-kilometer-long (1,816 mile) Brahmaputra is one of
Asia's largest and most turbulent rivers, traversing its first stretch
of 1,625 km through China's Tibet region, the next 918 km through
India, and the remaining 363 km through neighboring Bangladesh
before emptying into the Bay of Bengal.
... Payvand News - 11/29/04 ... --