August 16-31, 2024 [blink](*)[/blink]
Special Story: Indraprastha Gas Limited – Fuelling India’s Clean Energy Transition
ANNUAL SNAPSHOT
Annual Snapshot 2023 || DIGITAL
NGS NEWS
Team from IGEM (Institution of Gas Engineers and Managers), UK visits NGS office for collaboration
IGEM (Institution of Gas Engineers and Managers) is a UK based professional body engaged in supporting gas industry professionals and organizations in achieving and maintaining highest standards of professionalism with safety at its core.
The Institution was founded in 1863 as the British Association of Gas Managers by the 1,100+ gas companies in the United Kingdom prior to nationalization. In 2001, the Institution changed its name (and its scope) to the Institution of Gas Engineers and Managers (IGEM). IGEM is licensed by Engineering Council to award Chartered Engineer, Incorporated Engineer and Engineering Technician status and assist individuals to become professionally registered engineers.
PAST EVENTS
India Energy Week 2024
February 6 – 9, 2024, Goa
The two countries highlighted the importance of modernising the power distribution sector to supply 24x7 reliable power to consumers, welcomed support for India's smart metering deployment, as well as expanded.
New Delhi, August 22, 2024: GAIL (India) Limited and Petron Scientech Inc (Petron) have inked a Memorandum of Understanding (MoU) to jointly explore setting up of a 500 Kilo Tons per Annum (KTA).
Jaipur: GAIL (India) Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) today joined hands to optimise the operations of RRVUNL’s gas-based power plants in Rajasthan. A Non-binding Memorandum of Understanding.
Natural gas consumption saw a notable increase in 2023-24, aided by increased domestic output and higher reliance on imported natural gas amid relatively lower international prices. In the FY21, the demand for LNG got hugely impacted by the pandemic but it was largely recovered in FY22. Thereafter, the Ukraine war resulted in international natural gas prices soaring to multi-year highs in FY23, leading to considerable dip in demand as well as supply issues in India’s case. This resulted in lower consumption as well as imports.
In FY24, however, international prices were considerably lower than in FY23, making natural gas competitive again with alternate industrial fuels in India, thereby pushing its consumption and import. This is also in line with the government’s objective of increasing the gas share in the primary energy mix to 15 per cent by 2030 from the current over 6 per cent.
The rationale behind the government’s push for natural gas in the country, even if it leads to higher imports, is rather simple. Natural gas is far less polluting than conventional hydrocarbons like crude oil and coal, and is usually cheaper than oil, for which India depends on imports to meet over 85 per cent of its requirement. As the country moves towards green energy and low-emission or future fuels, natural gas is seen as a key transition fuel in that journey.
BECOME A MEMBER
The different categories of Membership available in Natural Gas Society (NGS) along with the present rate of Admission Fee and Annual Subscription for the same are mentioned against each. READ MORE
PATRON MEMBERS
GAIL (India) Limited
Mahanagar Gas Limited
Indraprastha Gas Limited
Patronet LNG Limited
PRIMARY MEMBERS – B
Bhagyanagar Gas Ltd
Green Gas Limited
Maharashtra Natural Gas Limited
ASSOCIATE MEMBERS (Other than Academic Institutions & Individuals)
Central UP Gas Limited
ASSOCIATE MEMBERS (Academic Institutions)
Guru Gobind Singh Indraprastha University
Pandit Deendayal Energy University
Shiv Nadar University
Rajiv Gandhi Institute of Petroleum Technology
129, PARC Building, GAIL Training Institute Plot No. 24, Sector - 16A, Noida 201301 ,Tel: 0120 - 2488529 Uttar Pradesh Tel: 0120 - 4222849, 4222912 Email: ngs@ngsindia.org Website:ngsindia.org
