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India energy month in brief - Evaluating the new gas pricing policy
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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.
Table of contents
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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
Tables and charts
This report includes 3 images and tables including:
- ONGC's KG-DWN-98/2 location map
- India energy month in brief - Evaluating the new gas pricing policy: Image 1
- Snapshot of India's gas pricing mechanisms:
What's included
This report contains:
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