Business Daily from THE HINDU group of publications Wednesday, Nov 22, 2006 ePaper |
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Industry & Economy
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Petroleum North-East pitch for Myanmar gas pipeline Our Bureau
New Delhi , Nov. 21 The North-Eastern States have asked the Petroleum Ministry to route the proposed gas pipeline from Myanmar to India through the region. Speaking to newspersons after meeting the Petroleum Minister, Mr Murli Deora, Assam's Commerce and Industry Minister, Mr Pradyut Bordoloi, said "re-routing the pipeline through the North-Eastern States will bring development and prosperity to the region." Mr Bordoloi was representing a forum of Commerce and Industry Ministers from the region. Facing tough competition from China for gas from Myanmar, India has suggested alternative routes including one through the North-East that excluded Bangladesh. GAIL (India) Ltd, which is the preferred buyer of gas from Block A-1 in Myanmar, has also favoured routing the pipeline through Mizoram, Assam, Bihar and West Bengal. The trunk pipeline for importing gas from Myanmar will be connected to the proposed Jagdishpur-Haldia gas pipeline at Gaya in Bihar after passing through Aizwal, Guwahati, Jalpaiguri and Siliguri. The pipeline will also have the provision to transport gas from developing gas fields in Tripura and Assam.
Longer route
The proposed pipeline will traverse a length of 1,400 km if it bypasses Bangladesh and 900 km if it goes through that country. ONGC Videsh Ltd and GAIL collectively hold a 30 per cent stake in the A-1 and A-3 gas blocks in Myanmar. Daewoo International Corporation with 60 per cent stake is the operator of both the blocks. South Korea's Korea Gas Corporation holds the remaining 10 per cent stake. The in-place reserves from the A-1 block have been assessed by Houston-based consulting firm Ryder Scott at 2.88 trillion cubic feet to 3.56 trillion cubic feet. Commercial production from the field is expected to commence by 2009.
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