After years of energy allocation, what is happening to Indias natural gas industry?

Amid rising greenhouse gas emissions, the world is at a further warming of the global climate crisis, for energy conservation emissions reduction measures, such as, low carbon environmental protection has become the consensus of the international community in recent years, the our country is also put forward the goal of carbon neutral, strive to walk in the forefront of the environmental protection group, the aim of carbon neutral, also makes the goal of global energy, However, the development of new energy is very slow at present. Many new energy sources are still in the research development stage cannot be put into the market quickly. Therefore, how to carry this transition period has become a matter of deep consideration among other countries.

Although new energy can be applied to the public so quickly, there is a kind of fuel that performs very well can be used for transition in terms of reducing carbon emissions, that is natural gas. Natural gas is a very clean energy, it is also the three major fossil fuels, which are different coal oil. Gas combustion after won't produce too much harmful air environment of poisonous gas, which is why people favor natural gas, in recent years, along with the people environmental protection consciousness enhancement, the importance of gas gradually be repeatedly mentioned, since it is being favored by energy, so about gas produced by the conflict is unavoidable.

So the situation of a few years can be seen, countries are now accelerating the layout of natural gas strategy, other countries are in a full swing of natural gas exploitation trading, but India is now also a black eye, no progress in natural gas, which is completely in line with India's dream of a great power.

Its cake for natural gas, countries all have each other's strategy, in our country, our country land area is very large, the population is numerous, again plus the northern winter cold, need to natural gas heating, so China's demand for natural gas is quite big, at present in the world, our country is the world's LNG imports large country, it can let a person produce doubt, China's land area is so large, why do we have to rely on imports of natural gas?

According to 2017 data show that domestic natural gas production is 62%, imports of 38%, in a gradual increase in import demand, according to the public, according to data January 2018 to June, pipeline gas imports rose 20%, may June monthly growth rate as high as 31%, can be found that the natural gas imports in our country increases year by year, But as we have learned Gas reserves in China is very large, the cause of the large imports understand, that is our country's population is too much, our country's natural gas reserves, if in the small country is a lot, but if you give the national split, it is , this kind of strategic resources in our country must be to have a certain capacity, the cost of import self-exploitation, compared with the cost is too big difference, so China's natural gas mostly rely on imports, including Russia is our good trading partner.

China Russia, central Asia, the Middle East, Australia other countries, have built a stable gas deal, at the same time also has its own oil fields in our country, has just found a recently, America itself is the producer of natural gas, liquefied natural gas (LNG) export ranking ranked third in the world, Russia Australia is also a natural gas power, Japan South Korea are building a stable gas trade with Australia, Europe is working with Russia, all the major powers in the world already have gas positions, but India has nothing to show for it now. Why is our neighbor who is always talking about becoming a great power so pulled behind?

India's natural gas oil are mainly the Middle East Central Asia. India is an oil-poor country that lacks oil gas resources, so it is in urgent need of importing these resources. However, India's cooperation with Central East Asia is often unsatisfactory. Overseas investment subsidiary of India's state-owned oil gas company, in the Persian gulf offshore exploration blocks found a huge natural gas field, then the company its partners decided to invest up to 11 billion dollars of investment, used in the field of development exploitation, named the field method, Mr DE B, as we have learned The field covers an area of about 3500 square kilometers, Located 20-90 meters deep on the Iranian side of the Persian Gulf, the total reserves are about 21.7 trillion cubic feet (Tcf), of which about 60% are recoverable the estimated daily production is about 1.1 billion cubic feet (Bcf). Despite the discovery, India is clearly happy with the treasure, has lost the upper hand in negotiations with Iran.according to people familiar with the national Iranian oil company, after considering India's proposal in February last year told India company, they are going to sign with an Iranian company, Mr. DE B gas field project, direct the foot to India blew, India therefore lose an opportunity to grasp the energy security, the domestic netizens expressed dissatisfaction, Do your best to show the fury of incompetence on social media.

Watching the opening in the Middle East, India is turning to central Asia, eventually complete energy superpower turkmenistan tower than pipeline, but the pipe itself exists geopolitical risk too much, cause until now turkmen seal pipeline are still completed, this is Russia, in fact India also have find the Russian, The Russian side was asked to open up a gas pipeline to India, but was decisively rejected, because India's work is too difficult to carry out, Russia does want to take such a big risk.

compared with the pull across India, turkmenistan China cooperation is accelerating, it is learned China has become a large exporter of natural gas of turkmenistan, opened up between China central Asian gas pipeline, now every year in the pipeline for transportation with a large number of natural gas in our country, , most recently, turkmen President also announced a high-profile paid off billions of dollars in loans in our country, This represents the next phase of cooperation between the two countries, as the China-Central Asia D Line, which connects with Fuxing Oil Field in Turkmen, is now in the final stretch.

Control energy independent security is a prerequisite for a big country, India is now like a person with his bare hands, the left hand the economy, the right hand have no energy, India was on all day to catch up with China, to become the largest country in the world, can let a person boast, India if cannot control energy, will eventually pay a terrible price, Achieving economic development will also be a dream that will never come true.

For more information about the energy trading platform, please consult Eurasia International Energy Trading Market Management (Jiangsu) Co., Ltd., a manufacturer of financial service platform, storage logistics platform, hazardous chemicals trading license application platform bulk energy trading platform.

Source: International Gas Network