This book shares the latest market developments and advances in natural gas demand, supply, transmission, distribution, and consumption, with a special emphasis on the Indian context. Chapters are written by researchers and industry professionals working in the field of natural gas and energy to provide deeper insights into natural gas market structure, market development, business opportunities and market growth. Topics covered include, natural gas demand-supply, exploration and production policy, downstream regulatory developments, city gas distribution, pipeline, pricing, and taxation policies impacting natural gas market developments in India. The book will be useful to researchers, professionals, and policy makers working in the area of natural gas and related fields.

Natural gas has emerged as the most preferred fuel due to its inherent environmentally benign nature, greater efficiency and cost effectiveness. The demand of natural gas has sharply increased in the last two decades at the global level. In India too, the natural gas sector has gained importance, particularly over the last decade, and is being termed as the Fuel of the 21st Century. Out of the total production of around 87 MMSCMD, after internal consumption, extraction of LPG and unavoidable flaring, around 74 MMSCMD is available for sale to various consumers. Domestic production is likely to double by 2012. Natural gas deficit in India is fulfilled by means of imports in the form of LNG and huge potential lies in the form of multiple upcoming transnational pipelines. However pipeline imports seem to be unlikely before 2015. Regulatory reforms in the upstream gas markets since 1994 helped in augmenting domestic production. In next twenty years, under a range of energy scenarios, the gas market can be expected to grow faster than coal and oil. This paper's prime focus shall be on the physical and financial aspects of the Indian gas market. The Indian gas network in terms of infrastructure and layout will be looked into. The financial aspects will cover the raising capital, budgeting and pricing of gas from various sources. In addition to this some light will be thrown on the regulatory regime, transportation market and optimization of pipeline operation. PNGRB guidelines regulate the Indian gas market. For transportation rail, road, water and pipelines are used, but primarily gas transportation in India is carried out by pipelines and major imports are in the form of liquefied natural gas. Use of state of the art technology such as DCS and SCADA have become common practice and has aided in value addition of gas networks in India. India's wholesale gas market and competitive interstate transportation market have shown a steady advancement in the recent past and lucrative opportunities for growth wait in the future.

India's gas sector is changing due to the development of domestic supply, the transition of the Indian economy, and global developments such as the increasing availability of LNG and new policy agendas on climate change. This book examines supply and demand, policy and pricing, and the future role of gas within the energy sector as India develops

The next decade will be crucial for Asian gas markets and determine whether natural gas will become a major fuel in the energy markets of Asia or remain a peripheral energy source. This new edition, which looks at the future of natural gas in the major energy markets of Asia, has been substantially rewritten and completely updated.

Historically in India, gas has not enjoyed the same strategic significance as oil. That picture is gradually changing. India imports 82 per cent of its oil needs and aims to bring that down to 67 per cent by 2022 by replacing it with local exploration and alternative energy sources. Natural gas is set to play a key role, with ambitious plans to increase its share in the energy mix from 6.5 per cent to 15 per cent. Increasing natural gas usage can also help India overcome several challenges such as meeting its development objectives, fulfilling mitigation efforts on the climate change front, providing energy security while reducing fiscal imbalance and so on. Needless to say, it will also have a significant bearing on India's geopolitics. Edited by Vikram Singh Mehta, an authority in the energy domain, and with essays by a number of global experts, this anthology lays out a comprehensive roadmap for India's natural gas sector by analysing supply, demand, infrastructure, pricing, regulations, finance, technology, policy and a host of other issues. The Next Stop is an essential overview of the country's emerging energy sector in the twenty-first century

The Chapters In The Volume Bring Out The Metamorphosis That The Indian Oil Industry In Presently Undergoing. Issues Relevant From The Point Of View Of India`S Economy Have Been Brought Out From A Researcher`S Perspective/. The Central Theme Is Globalization Of Indian Oil Industry. The Author Works For Bharat Petroleum Corporations. Has Got 11 Chapters.