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Friday, February 24, 2012

No Gas To Power Sector From ONGC Fields, Says EGoM

Dashing hopes of the power sector, an Empowered Group of Ministers (EGoM) today decided not to divert ONGC-produced APM gas from non-priority sectors, like petrochemical units, to electricity plants as volumes available were “very low”.

The EGoM headed by Finance Minister Pranab Mukherjee felt there was only 3.84 million cubic meters per day of natural gas from state-owned ONGC’s fields (called APM gas) that currently goes to non-priority sector. Of this, only 1.92 mmcmd can be diverted as users of rest cannot be switched due to reasons like low pressure.

From: http://ping.fm/TCXRq

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