Natural Gas Market in India – An Overview..

The write-down of almost Rs 20,000 crore by RIL for its K-G basin assets brings back the focus on K-G basin and the natural gas industry in India. The basin, which promised to go a long way in meeting country’s energy needs, has turned out to be a huge money guzzler with significant investments blocked … Continue reading Natural Gas Market in India – An Overview..
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Understanding ONGC – GSPC Gas Block Deal.

The announcement on buyout of Gujarat State Petrochemical Corporation’s (GSPC) assets in K-G basin block by ONGC earlier this week puts an end to GSPC’s audacious attempt to establish itself as an important gas producer. GSPC struggled for more than half a decade to extract gas from the field after a high profile announcement on … Continue reading Understanding ONGC – GSPC Gas Block Deal.
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