$2
Trillion Gas Discoveries SABOTAGE by Modi, Mukesh-Anil Ambani
India had already discovered Natural Gas
– a clean and very efficient very cheap fuel worth $2 Trillion but Modi, Mukesh
and Anil sabotaged it. Modi and Mukesh has over 80 Blocks and 80% of Gas
Discoveries are Politically Conspiring and Hoarding Gas and deliberately
SABOTAGING wells to stall economic progress.
Can you believe Sand and
Water Ingress in Gas fields that hold $Trillions worth of mainly Gas – biggest
discovery in the world in 2001? Click following and Page 3.
Page 3.
By now India ought to
be producing 200Million Cubic Meter of Gas Per Day from both KG Basin
discoveries. This is 180,000 Tones per day of Petroleum Equivalent – 66 million
tones of Petroleum but efficiency of Gas based power stations is 55% to around
35% for Diesel Power – so in my earlier calculations also I have taken a figure
of 100 million tones of petroleum or $100b annually.
Our own cheap gas.
Anil Ambani with huge power
projects ought to have commercialized 15,000MW thermal power.
Detailed calculations are in
the end.
India could have been fully Electrified, Running CNG
vehicles, Pakistan
already have 70% vehicles running on natural gas.
Ravinder Singh
June10, 2012
1.
Narendra Modi owned GSPC discovered huge gas reserves Deen Dyal Field next to
KG Basin in 2005. But has not yet commercialized it.
2. Mukesh
Ambani – discovered several Gas Fields from 2001 onwards but production from KG
Basin has declined
RIL seeks huge rise in KG-D6 gas price
Mukesh Ambani-led Reliance
Industries Ltd (RIL) has sought a two-three fold increase in the price of gas being
produced from its Krishna-Godavari(KG)-D6 fields, also India’s largest gas producing
field, off the eastern coast. In a recent letter addressed to the empowered
group of ministers (EGoM), which will decide
on whether or not to raise
the price of KG-D6 gas before 2014, RIL has said the price of gas from KG-D6 should
be linked to the price of imported LNG secured under long-term contracts.
Against the KG-D6 gas price
of $4.2 per unit, the landed price of imported LNG secured through long term contracts
is around $10-12 per unit. “While the price of $4.2 per unit certainly needs revision,
its linkage to imported LNG is not
correct,” said a former
petroleum secretary on the condition of anonymity.
“At present, the gas that
you are planning to import from Turkmenistan
exclusive of transportation and other charges is $7-7.5 a unit at their border.
So if a third country can sell you gas at that price, why should our own
domestic gas be
priced any higher, he added.
RIL has been seeking
revision in the price of gas from the KG-D6 field citing contractual requirements.
“Given the provisions of the PSC, the contractor is obliged to conduct sales of
gas at the best available arms length prices for similar sales in the region
where gas is freely sold,” RIL said in its letter.
Stating that a large number
of KG-D6 customers are also buying LNG sourced at the PLL terminal at Dahej under
term contracts, where the price of LNG is linked to international crude prices,
RIL said that over 35% of India’s
gas demand is met by imported LNG.
RIL’s letter on gas price
revision has gone to finance minister Pranab Mukherjee, who is also the
chairman of the EGoM.
3. Anil
Ambani: acquired BSES in 2001, since then in 12 years against
promise of 33,480MW it has installed just this May commissioned Rosa 1200MW
Thermal Power Station though it is not in the list – this alone will
substantially boost power situation in UP. But Sasan project was first UMPP awarded
to Anil Ambani – Tata Power has already commissioned 800MW Mundra unit a year
ahead of Sasan even as Sasan was awarded three mining blocks also.
Anil Ambani placed a single
order for $8.3 billion with Shanghai Electric Co Ltd (SEC) for buying 36
coal-fired thermal power generation units, spare parts and related services
over a 10-year period. This took the total deal size between Reliance Power and
the Chinese power equipment maker over the past couple of years to $10 billion
making it the largest contract between a private Indian company and a
government-owned Chinese firm. While Reliance Power has also given a $2.2
billion deal to US-based General Electric, the agreement signed with SEC is on
a different plane. The Chinese company will supply boiler, turbine and
generator packages for up to 30,000 MW capacity of coal-based power at six
plants, including the ultra mega power project at Krishnapatnam, the 5,940-MW
project in Chitrangi, and the 3,960-MW project in Tilaiya.
In above Rosa
1200MW generated 677MU and 800MW Tata Mundra Generated 508MU and Adani
generated 1742MU in May2012. Thus Adani is two years and one year ahead of Anil
Ambani and Tata.
This is amazing pvt sector
power installed almost 12,000 MW, Tata and Ambani contributed just 2000MW in
spite of BSES and Tata Power having 80 years in power sector and developing
over 60,000MW Power projects.
This is amazing BSES Mumbai
distribution business of Anil Ambani is stagnant for five years. In 2007 it
distributed 8743MU of electricity that was 9186 in 2011 or 5% but number of
consumers increased by 12% and peak demand increased by 14.7%.
Gas Discoveries Worth $2 Trillion Already Discovered
64 Trillion Cubic Feet of Natural Gas From Just Four Discoveries
It was in 1983 that Gas was
first struck in Rajole Well No.1 when ONGC had a small office in Rajahmundry and Narsapur
that was headed by Iqbal Farooqi. Since that discovery there had been no
looking back. Reliance and others are late players in that area.
14 trillion cubic feet of
gas by Reliance Industries in KG-DWN-98/l (KG-D6) in 2002. 6000
feet below the sea floor.
20 trillion cubic feet
(5.7×1011 m3) cubic feet of gas by Gujarat State Petroleum
Corporation in June 2005.
20 trillion cubic feet
(5.7×1011 m3) of gas at D-3 and D-9 blocks by Reliance
Industries in May 2009.
10 trillion cubic feet
(2.8×1011 m3) of gas by ONGC in June 2009.
Thus India has discovered over 70
Trillion Cubic Feet of Gas including other Onshore and Offshore discoveries.
This is equal to 2 Trillion
Meter Cube of Natural Gas.
This is equal to 1.8 Billion
Tones of Petroleum. (1 M3 Gas = 0.9 kg.)
This 10.8 Billion Barrels of
Petroleum. (1 Tone = 6 Barrels)
Value of Gas at $150 per
barrel refined petroleum – this is $1.120 Trillion.
Factoring Clean and Higher
Efficiency Use In Combined Cycle Power Generation = Almost $2 Trillion
corruptionfree04@gmail.com
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