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Friday 10 July 2015

India unrealistic to get Gas from Central Asia before FY20: Ind-Ra


India won't get gas for the following four to five years from vitality rich Central Asia through the proposed $10bn Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, as indicated by India Ratings and Research(Ind-Ra). The TAPI pipeline is unrealistic to be appointed by the proposed course of events of FY18, and India will keep on depending on local gas and importe

The ability of Turkmenistan state concern to value its gas in a way which would guarantee its cost aggressiveness in nations where the gas is at last sold is crucial for the undertaking to take off. Turkmenistan is a net exporter of characteristic gas and its economy relies on upon such fares and subsequently may keep costs high.


5 comments:

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  2. Natural Gas futures ended lower in the domestic market on Thursday as investors and speculators exited positions in the energy commodity as total US storage remained at comfortable levels as per the Epic research.

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  3. Sensex closes 376 points up on upbeat global cues, Nifty settles at 7,949; Cairn, Idea gain over 6%-

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  5. • Govt To Sell Up To 10% Stake In NALCO Via OFS, Expect to raise Rs 1,350 cr via divestment
    • Modi govt to lend Rs1-L loan each to 8.5 cr poor households at lower interest rates
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