Albany, NY -- (SBWIRE) -- 05/15/2014 -- Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Gas Pooling Mechanism Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.
Gas pooling is a mechanism through which gas produced from domestic fields is pooled with Liquefied natural gas (LNG) in order to make gas affordable to anchor customers such as power and fertilizer sector. Over the past decade, India’s energy consumption has increased at a rapid rate. This has been primarily due to the growing economy and rising population.
Browse Full Report with TOC: http://www.transparencymarketresearch.com/gas-pooling-mechanism-market.html
Gas production from RIL’s KG D6 field catalyzed the power and fertilizer ministries to ensure adequate supply of gas to their sectors on priority basis. The key advantage of gas based power plants is that they are easier to set up and emits no harmful emissions. Thus, even after allocating domestic supplies for gas based power plants, if there is still demand from upcoming plants that could be easily met by importing LNG. However, as LNG contracts are crude linked, the power plants would be able to dispatch electricity only during peak hours. Hence, the viability of using LNG based power plants is highly impacted.
The mixing of low-cost domestic gas with high price LNG will ensure that high price LNG volumes are easily absorbed in the Indian market, thereby utilizing the planned and the existing LNG re-gasification terminals. Gas pooling mechanism could benefit people at large owing to less reliance on fertilizer imports and increased power availability. However, execution of gas pooling mechanism entails huge risks as LNG suppliers could enter into an unattractive commercial contract as high priced re-gasified LNG is easily consumed in the Indian market.
Some of the key players in the gas business in India are Oil & Natural Gas Corporation Ltd (ONGC), Oil India Limited (OIL) and Reliance Industries Ltd (RIL).
More Report on Energy and Mining: http://www.transparencymarketresearch.com/energy-market-reports-3.html
About Transparency Market Research
Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information.
90 State Street,
Albany NY – 12207
Browse Market Researche Report:- http://marketingfirmblog.wordpress.com/