Volume 14, Issue 19

For keeping the pace of impressive economic development going on in the country, there is no alternative left but to go for LNG import for supplementing other initiatives for ensuring security of primary fuel supply.  Imported coal and LNG (Liquefied Natural Gas) are two major fuel options for the foreseeable future for this. Higher cost will definitely create challenges. So the domestic gas price requires adjusting to appropriate level in phases and gas use strategy for supplying LNG to efficient value added sectors be ensured before introducing LNG to fuel mix. LNG is relatively more environment friendly. Moreover, existence of countrywide extensive gas transmission and distribution networks and gas consuming industries offer required downstream facilities for LNG. But higher costs and absence of experienced human resources are challenges to the LNG industry. The government needs adopting appropriate gas utilization strategy for the post-LNG scenario. There must be appropriate pricing structure/formula for keeping it within the affordable limit. A well-crafted human resource development plan needs to be implemented for creating core competence in the LNG industry.


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