India to invest $60 billion for Gas Infrastructure.
                     INDIA TO INVEST $60 
BILLION FOR GAS 
INFRASTRUCTURE
INTRODUCTION
◦ On 17 December, oil Minister Dharmendra 
Pradhan said that government plans to spend $60 
billion in the country's gas infrastructure by 2024, 
and the gas mix is projected to raise its share to 
15 per cent by 2030. At present the overall energy 
balance in the world accounts for 6 percent of 
coal. 
Source: etenergyworld.com
INVESTMENT FOR GAS 
INFRASTRUCTURE
◦ Speaking at Assocham Foundation Day 2020, the 
Minister said, "We have foreseen an investment of 
US$ 60 billion for gas networks by 2024, including 
pipelines, LNG terminals and CGD (City Gas 
Distribution) grids, to raise natural gas share in 
India's primary energy mix from 6.2 percent to 15 
percent by 20 years.
Source: industryoutlook.com
FIRST AUTOMATED NATIONAL GAS 
TRADING NETWORK
◦ In June this year, India unveiled the first 
automated national gas trading network to 
facilitate and maintain an effective and strong gas 
industry, and to promote the country's gas 
exchange. 
Source: financialexpress.com
CGD PROJECT
◦ The scope of CGD project is extended to 232 
regional regions scattered across 400 districts with 
a capacity of reaching nearly 53 per cent of the 
city and a population of 70 per cent.
Source: etenergyworld.com
CLEAN MOBILITY SOLUTIONS
◦ In addition, India is developing clean mobility 
solutions using LNG (liquid natural gas) to provide 
fuel for transportation, particularly for long-haul 
travel. 
◦ It is expected to provide 1000 LNG fuel stations all 
over the world.
Source: www.eltis.org
STRATEGIC PETROLEUM RESERVES
India crossed the milestone in this year, filling in its 
Visakhapatnam, Mangaluru and Padur strategic 
petroleum reserves with a total of 5.33 MT (million 
tonnes).
Source: presstv.com
COMMERCIAL-CUM-STRATEGIC 
PETROLEUM STORAGE 
The process of establishing another 6.5 MT 
commercial-cum-strategic petroleum storage 
facilities at two locations, Chandikol and Padur, 
under the public-private partnership model was 
initiated. 
Source: moneycontrol.com
GAS-BASED ECONOMY
In October 2019, the government stressed the 
growth of a gas-based economy and is preparing to 
invest $60 billion into gas infrastructure. 
Source: economictimes.com
COVID-19 IMPACT
◦ We also have clear indications of improvements 
and a gradual increase in activity across all states 
and sectors of our economy. 
◦ The county is reworking the traditional strategies, 
not just to mitigate the effects of the pandemic 
but to build back better.
Source: moneycontrol.com
ENERGY SECTOR IN INDIA
◦ The way the energy sector in India has bounced 
back with tremendous resilience reflects these 
efforts. 
◦ Officials are confident that our energy demand will 
continue to rise in the energy demand in India in 
the next month, especially for petroleum products.
Source: www.eqmagpro.com