India plans gas pool in 8 months

摘要

India's oil ministry plans to develop a policy and mechanism for pooled natural gas pricing in six to eight months. The change is designed to ensure that consumers across the country pay a uniform price for gas, oil secretary S. Sundareshan told an industry gathering in New Delhi October 31.rnOnce state-backed Petronet LNG's new 2.5 million mt terminal at Kochi in the southern part of India has been completed, consumers in Mumbai and New Delhi would pay only half the price a consumer pays for LNG from Reliance Industries, which would be totally unacceptable, Sundareshan told a pre-conference session on LNG held ahead of Petrotech 2010, which begins on November 1. Petronet LNG has contracted to receive 1.5 million mt/year of LNG from ExxonMobil's Gorgon project in Western Australia for 20 years from 2014.