The Unmistakable
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I've a question for my intellectual indian fellows. I always had this question in mind, so thats why I created this thread.
My Question is regarding the India's natural gas & coal reserves to production ratio.
As per the EIA estimates, India has around 46 TCF of Natural Gas reserves while about 60 billion tonnes of coal reserves.
Despite having this huge number of reserves, India is still not able to utilize its domestic reserves at maximum level.
For example, Pakistan has about 25 TCF of gas reserves and it produces about 1.5 - 1.7 TCF of natural gas annually. But on the other hand India despite having almost double the numbers of natural gas reserves is producing about 1.5 to 1.8 TCF of natural gas reserves and relying heavily on imported LNG.
Similarly countries like South Africa, Indonesia and Germany are extracting coal from their coal fields in greater ratio as compared to India which is producing about 600-700 MT of coal annually despite having this huge number of coal reserves.
I would simply ask to my indian fellas, Is there some corruption involved or there is some powerful mafia in Coal & Petroleum ministry who doesn't want to rely on the domestic resources and instead wants to spend the precious foreign exchange due to their personal interests?
Looking for your answers guys.
Peace
My Question is regarding the India's natural gas & coal reserves to production ratio.
As per the EIA estimates, India has around 46 TCF of Natural Gas reserves while about 60 billion tonnes of coal reserves.
Despite having this huge number of reserves, India is still not able to utilize its domestic reserves at maximum level.
For example, Pakistan has about 25 TCF of gas reserves and it produces about 1.5 - 1.7 TCF of natural gas annually. But on the other hand India despite having almost double the numbers of natural gas reserves is producing about 1.5 to 1.8 TCF of natural gas reserves and relying heavily on imported LNG.
Similarly countries like South Africa, Indonesia and Germany are extracting coal from their coal fields in greater ratio as compared to India which is producing about 600-700 MT of coal annually despite having this huge number of coal reserves.
I would simply ask to my indian fellas, Is there some corruption involved or there is some powerful mafia in Coal & Petroleum ministry who doesn't want to rely on the domestic resources and instead wants to spend the precious foreign exchange due to their personal interests?
Looking for your answers guys.
Peace