Abstract
Natural gas is a green fuel and the Government of India is highly committed to promote green fuel like natural gas to replace more polluting fuels. The chapter provides critical insights on demand–supply scenarios, enabling factors, challenges, and opportunities to build sustainable gas business in the country. It highlights the role of global factors such as demand, supply, pricing, and geopolitics in natural gas market developments in India. Author presents insightful analysis on natural gas business environment, industry growth, role of competition, new entrants, opportunities available, challenges experienced, and suggestions for sustainable natural gas market growth in the country.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ahuja M (2015) Refer a friend for piped gas connection and earn Rs 300 in Indore. Hindustan Times. http://www.hindustantimes.com/indore/refer-a-friend-for-piped-gas-connection-and-earn-rs-300-in-indore/story-GW5QvLVuw2Wv9NqgLBARmL.html. Accessed on 10 Feb 2016
BP Statistical Review (2016) Proven gas reserves history
Business Standard (2014) India and US to join hands for gas hydrates. Available at http://www.business-standard.com/content/b2b-manufacturing-industry/india-and-us-to-join-hands-for-gas-hydrates-114092600811_1.html. Accessed on 11 Feb 2016
DNV (2014) Liquefied natural gas (LNG) bunkering study. http://www.marad.dot.gov/wp-content/uploads/pdf/DNVLNGBunkeringStudy3Sep14.pdf. Accessed on 1 Mar 2016
Doman L (2015) U.S. remained world’s largest producer of petroleum and natural gas hydrocarbons in 2014, EAI, Apr 7
Ebinger C, Avasarala G (2013) Natural gas in India: difficult decisions. In: Harvard University’s Belfer Center and Rice University’s Baker Institute Center for Energy Studies, October
Economic Survey of India (2014–15) Ministry of finance, Government of India
EIA (2016) Henry Hub natural gas spot price (Dollars per Million Btu). Available at https://www.eia.gov/dnav/ng/hist/rngwhhdd.htm. Accessed on 11 Feb 2016
ExxonMobil (2015) The outlook for energy: a view to 2040. http://cdn.exxonmobil.com/~/media/global/files/outlook-for-energy/2015-outlook-for-energy_print-resolution.pdf. Accessed 15 Feb 2016
Gostelow (2016) Asia spot LNG: February JKM below $6/mmbtu to lowest level since May 2010. Available at http://www.platts.com/latest-news/natural-gas/singapore/asia-spot-lng-february-jkm-below-6mmbtu-to-lowest-26339166. Accessed on 11 Feb 2016
Helman C (2013) Should natural gas-powered cars run on CNG, LNG or gasoline? http://www.forbes.com/sites/christopherhelman/2013/06/05/should-natural-gas-powered-cars-run-on-cng-lng-or-gasoline/#c02411f15ef8. Accessed on 10 Feb 2016
Kar SK, Sinha PK, Mishra S (2016) Sabarkantha gas limited: challenges of marketing natural gas. Asian Case Res J 20(01):177–217
Kar SK, Sahu S (2012) Managing natural gas business: a case of Bharat Natural Gas Company Limited. Emerald Emerging Market Studies 2:1–22
Kazmin R (2015) Asia’s spot LNG prices rise to $8.20/MMBtu on global demand. Available at http://www.icis.com/resources/news/2015/08/04/9910016/asia-s-spot-lng-prices-rise-to-8-20-mmbtu-on-global-demand/. Accessed on 17 Sept 2015
Manglani S (2010) Developing competitive gas market: current and future challenges. City Gas India roundtable 2010: initiatives and challenges. VIKALPA 35(4)
Mercados Energy Market India (2013) Natural gas vehicle-securing a sustainable future India. Available at http://www.gailgas.com/pdf/Publication/Knowledge%20Paper%20on%20CNG%20Sector.pdf. Accessed on 8 Feb 2016
MOSPI (n.d) Motor vehicles. Available at http://mospi.nic.in/Mospi_New/upload/SYB2015/CH-20-MOTOR%20VEHICLES/MOTOR%20VEHICLE-WRITEUP.pdf. Accessed on 9 Feb 2016
PIB (2015) Target of PNG connections in the next two years. Available at http://pib.nic.in/newsite/PrintRelease.aspx?relid=124342. Accessed on 12 Feb 2106
Platts (2016) The US enters a brave new world as it begins LNG exports. Available at http://blogs.platts.com/2016/02/10/us-brave-new-world-lng-exports/. Accessed on 11 Feb 2016
PTC (2013) Feasibility study for liquefied natural gas utilization for commercial vehicles on the pennsylvania turnpike. Revision 1. Available at https://www.paturnpike.com/pdfs/commercial/LTI_2013_04_Final_Reports.pdf. Accessed on 10 Feb 2016
Sen A (2015) Gas pricing reform in India: implications for the Indian gas landscape. OIES paper NG 96. Oxford Energy Institute
Nenonen S, Storbacka K (2014) Management of customer assets for increased value capture in business markets, Management Decision 52(1):101–121
The Hindu (2015) India, Iran discuss undersea gas pipeline bypassing Pakistan. Available at http://www.thehindu.com/business/india-iran-discuss-undersea-gas-pipeline-bypassing-pakistan/article7958494.ece. Accessed on 3 Mar 2016
The Wall Street Journal (2016) Natural gas prices fall to 17-year low. http://www.wsj.com/articles/natural-gas-prices-fall-to-17-year-low-1456761537 Accessed on 1 Mar 2016
Union Budget (2015–16) The Ministry of Finance, Government of India
Union Budget (2016–17) The Ministry of Finance, Government of India
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Kar, S.K., Sinha, P.K., Dholakia, B. (2017). Building and Sustaining Natural Gas Business in India. In: Kar, S., Gupta, A. (eds) Natural Gas Markets in India. Springer, Singapore. https://doi.org/10.1007/978-981-10-3118-2_8
Download citation
DOI: https://doi.org/10.1007/978-981-10-3118-2_8
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-3116-8
Online ISBN: 978-981-10-3118-2
eBook Packages: EnergyEnergy (R0)