Various steps have been taken by the Government to raise the share of natural gas in energy mix to 15% in 2030 from about 6% currently. These include expansion of National Gas Grid Pipeline, expansion of City Gas Distribution (CGD) network, setting up of Liquefied Natural Gas (LNG) Terminals, allocation of domestic gas to Compressed Natural Gas (Transport) / Piped Natural Gas (Domestic) CNG(T)/PNG(D) in no cut category, allowing marketing and pricing freedom to gas produced from high pressure/high temperature areas, deep water & ultra-deep water and from coal seams, Sustainable Alternative Towards Affordable Transportation (SATAT) initiatives to promote Bio-CNG, etc.

On 10^th July 2023, Indian Oil has signed Heads of Agreement (HOA) with Total Energies Gas and Power Ltd (Total Energies) for supply of upto 0.8 MMTPA for a period of 10 years starting from 2026. This contract is for delivery of LNG from portfolio of Total Energies.

On 13^th July 2023, Indian Oil Corporation Limited (Indian Oil) has signed Heads of Agreement (HOA) with Abu Dhabi Gas Liquefaction Company Limited (ADNOC LNG), UAE for supply of upto 1.2 Million Metric Tonne Per Annum (MMTPA) for a period of 14 years starting from 2026. 

This information was given by the Minister of State in the Ministry of Petroleum & Natural Gas, Shri Rameswar Teli, in a written reply in the Lok Sabha today.

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RKJ

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