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Tuesday, July 17, 2007

A lot of gas in the Indian economy!

i dont mean the fluff in the economy but the real gas! there is gas everywhere - from the east coast , the KG basin and the cauvery basin to the coal bed methane in west bengal and soon other nothern states like jhartkhand, bihar...and oil and gas in rajasthan and gujarat..

the quantities and plans spoken of are too huge for me to pretend to comprehend.. pipelines from east to west, along the east costs and lot of another places.

there will city gas, a/c will run on cng and so will the car , bike and even trucks...some reports say 30% of the country's petrol and diesel use could be replaced by cheap and clean gas and i think this is conservative.

i have no doubt whatsoever that the gas which will surely begin to flow by next year end will lower the costs in the economy and put a lot of money in peoples hand to spend on other things.

there is very little clarity how the cng game will play out... maybe the few readers of this blog can help fill in...

3 Comments:

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