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Natural Gas
Tripura has vast reserve of natural gas. The gas is available
in non-associate form, with high methane content of up to 97%.
Present availability of gas is 1.5 MMSCMD which is likely to
go up at the level of 6.0 MMSCMD by 2012-13 onwards. Concessional Gas
Pricing and vast reserve creates potential for setting up
industries in this sector.
Geological Mapping and exploration undertaken by Geological
Survey and Oil & Natural Gas Corporation Ltd. has proved
economic mineral deposit of Natural Gas (including condensate).
State Government would encourage private sector investment in
gas based industries.
Natural Gas which is presently used mainly for generation of
power and to some extent in Domestic, Industrial, Commercial
and Transport sector. Emphasis will be given for setting up of
industries where gas will be utilized as feedstock like
ammonia, urea, methanol and methanol based petrochemical
industries.
Gas Pricing
Prior to 1987, gas prices were fixed by ONGC/OIL. The price is
being fixed by Government w.e.f. 30.1.1987. The price of APM
gas of ONGC and OIL was last revised effective 1.7.2005.
The price of gas for the North-Eastern region will be pegged
at 60% of the revised price for general consumers. Thus, the
consumer price for the North-East region will increase from
the existing price of Rs.1700 to Rs.1920/MCM,under APM
(Administered Pricing Mechanism) and the non-APM price is
Rs.3200/MCM.
Prospects
The availability of superior quality natural gas, at
concessional price, offers a great opportunity to prospective
investors, to set up gas-based industrial units, using natural
gas as Feedstock, like urea, methanol, PVC and other projects.
Besides this, Natural gas can also be utilized as a cheaper
source of energy for various energy-intensive industrial
projects.
Mineral Resource
In Tripura, the other mineral resources are minor amounts of
glass sands, limestone, plastic clay and hard rock; all of
these materials are being used to a variable degree. Setting
up of Ceramic tiles unit and other mineral based industries
would be encouraged in the private sector. Efforts will also
be made to set up Plastic Clay ad Glass Sand industries where
natural gas has added advantage of being used as a fuel.
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