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India energy month in brief - Evaluating the new gas pricing policy


India energy month in brief - Evaluating the new gas pricing policy

Report summary

In our every month-in-brief, we explore the latest developments and themes happening across India's upstream, downstream, gas, coal and power sectors.

In March, the government approved a new gas pricing regime and marketing freedom for deepwater and high pressure/high temperature fields. We give our views on the significance of this policy to India's gas market development. On the back of the policy announcement, ONGC also sanctioned its investment on its flagship deepwater project in KG basin.


What's included?

This report includes 1 file(s)

  • India energy month in brief: March 2016 - evaluating the new gas pricing policy PDF - 383.42 KB 5 Pages, 1 Tables, 2 Figures

Description

This Energy Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues within the energy markets, this report gives you an expert opinion and analysis to help inform your decision making.

Analysing over 90 markets, and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector.

Our experienced analysts use over 1,000 data sources and collaborate with colleagues around the world to accurately forecast and identify industry trends based on our objective, proprietary data.

  • Major shift in deepwater gas pricing policy may not be enough in the current price environment
    • India domestic gas prices
  • A significant leap in the development of India's gas market
  • ONGC's flagship KG deepwater project makes FID on higher gas prices and lower development costs
  • Wood Mackenzie delivers presentation at the Indian Oil conclave

In this report there are 3 tables or charts, including:

  • Major shift in deepwater gas pricing policy may not be enough in the current price environment
    • India energy month in brief - Evaluating the new gas pricing policy: Image 1
    • Snapshot of India's gas pricing mechanisms:
  • A significant leap in the development of India's gas market
  • ONGC's flagship KG deepwater project makes FID on higher gas prices and lower development costs
    • ONGC's KG-DWN-98/2 location map
  • Wood Mackenzie delivers presentation at the Indian Oil conclave
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