CNG / LCNG / LNG Marketing

 
 
 

The company is into Natural gas production & marketing and forarying into CNG marketing in the east & west godavari dist and Kakinada & Vijayawada city gas distribution geographic area of Andhra pradesh by setting up CNG stations. Necessary permissions are being obtained from the Petroleum & Natural Gas Regulatory board, New delhi, India. The first of the initial CNG station will be commssioned by mid 2017. The source of natural gas is the gas being produced at the company's 5 gas fields in the Krishna-Godavari basin and the 2 isolated gas wells allotted by ONGC Ltd to the company under direct marketing. Similar gas marketing initiatives will be undertaken in Tamilnadu and Assam as the 3 isolated wells are handed over to the company.

Inview of the company's own gas production being available from it's marginal / Isolated gas fields, the company is eligible for partnering the city gas distribution operators in the region and the company is under negotiations with three such operators.The company will foray into LCNG / LNG marketing in South India, when the group's LNG import terminal will be commissioned by end 2018