The Minister of State (I/C) in the Ministry of Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that during the year 2013-14, the consumption of petroleum products was 158.2 MMT against a total production of 35.5 MMT from indigenous sources(figures are provisional). The Minister said that the following steps are being taken to meet the energy demand and strengthen the country’s energy security: (i) The Government, and the Exploration and Production (E&P) companies have taken several steps to enhance oil and gas production in the country, which inter-alia, includes: • Offering of exploration blocks under New Exploration Licensing Policy (NELP) - 254 exploration blocks awarded. • Implementation of improved oil recovery and enhanced oil recovery schemes by E&P companies for ageing fields. • Development of unconventional sources of hydrocarbon such as Coal Bed Methane (CBM) and Shale Gas. • Policy for geo-scientific data acquisition through public funding. (ii) Pursuing various E&P opportunities in India and abroad to have a balanced portfolio of exploratory, developing and producing oil and gas assets. (iii) Pursuing transnational oil and gas pipeline projects. (iv) Construction of strategic crude oil reserves of 5.33 million metric tonnes capacity. The Minister informed that our oil companies have E&P assets in 24 countries namely, Australia, Azerbaijan, Bangladesh, Brazil, Canada, Colombia, East Timor, Gabon, Indonesia, Iran, Iraq, Kazakhstan, Libya, Mozambique, Myanmar, Nigeria, Russia, South Sudan, Sudan, Syria, USA, Venezuela, Vietnam and Yemen. OVL is currently producing oil and gas from 13 projects in 8 countries viz., Russia, Sudan, Vietnam, Azerbaijan, Myanmar, Colombia, Venezuela and Brazil. During 2013-14, OVL’s share in production of oil and oil-equivalent gas was 8.36 MMTOE. India is actively engaged in bilateral and multilateral cooperation with foreign countries. To strengthen the country’s energy security, the Ministry of Petroleum & Natural Gas is engaged in oil diplomacy. India’s oil PSUs in particular are being encouraged to adopt a global vision in their pursuit of raw materials and raw material-producing assets abroad, and to vigorously pursue acquisition of oil and gas assets overseas. |
Read,Write & Revise.Minimum reading & maximum learning
24 July 2014
Steps Taken to Meet the Increasing Energy Demand ,for ias mains
Subscribe to:
Post Comments (Atom)
Featured post
UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...
-
Fifty years of shared space In October 1967, as the heat of the Cold War radiated worldwide, the Outer Space Treaty came into f...
-
National Urban Information System National Urban Information System (NUIS) is the project of Ministry of Urban Development with Survey...
-
INS Kalvari: All you need to know about navy’s first Scorpene submarine Kalvari is named after the dreaded Tiger Shark, a deadly deep s...
-
NP DECLARED TIGER RESERVE ARE MORE IMPORTANT FOR EXAM How many Tiger reserves in India. Total number of Tiger reserves in India is 50. Tig...
-
good article about human rights and india:issues,challenges Justice has and must continue to remain first principle of social and pol...
-
Much ado about ‘bail-in’ and FRDI Bill The strong voices against the FRDI Bill seem to be ill-informed, as protecting the interest of d...
-
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...
-
Demonetisation effect: 9.1 million new taxpayers Govt may use increase in taxpayers to justify demonetisation, which critics claim did n...
-
CSIR Wins International Competition to Set up Wax Deoiling Technology at Numaligarh Refinery of BPCLThe Council of Scientific & Industrial Research (CSIR) through its constituent laboratory Indian Institute of Petroleum...
-
Robust Statistical systems – A Tool for Good Governance The role of Statistics in formulation, monitoring and evaluation of developmental...
No comments:
Post a Comment