India Oil and Gas Sector Analysed & Forecast in New Market Research Report by iData Insights Published at MarketPublishers.com23 Feb 2015 • by Natalie Aster
LONDON – India is facing dramatic challenges in providing sufficient amount of energy of high quality, in required forms, in a sustainable way and at competitive prices. In such case, none of this is insurmountable. With the country having just explored 22% of its total oil and gas reserves, there is great potential for increasing the domestic supply of crude and natural gas, leastwise, in the medium term. This has to be balanced, in the meantime, via further exploration and development activities so that the spent reserves are properly substituted through new discoveries.
As of 2014, India’s oil and gas industry saw a couple of major developments in the form of a phased de-regulation of diesel prices and a surge in natural gas costs. These key developments are set to significantly impact the revenue and profitability growth in the sector. World crude oil prices have declined greatly to around USD 60 per barrel (bbl) on the back of OPEC’s decision to abstain from production cuts and also a slowdown in economic activity across leading economies in Europe and Asia.
New market study “Indian Oil & Gas Outlook - 2015” prepared by iData Insights offers a detailed analysis of the national oil and gas market.
The report contains a granular examination of the actual state of the Indian oil and gas industry. It gives details of all current and planned projects across the country’s oil and gas value chain, asset by asset. The research publication canvasses the present-day infrastructure (oil & gas assets), market environment, investment climate and the competitive scene of downstream, midstream and upstream sectors. The most recent industry developments alongside their likely impact on the local oil and gas industry are described in the report. The study outlines new risks and/or opportunities for investors and oil and gas companies, projects crude oil and/or petroleum products and/or chemicals storage capacity by end-2015, and reviews the country’s extensive network of pipeline transportation. Information on the strategies and operations of the top companies is available as well.
Indian Oil & Gas Outlook - 2015
Published: February, 2015
Price: US$ 1,200.00
More new studies by the publisher can be found at iData Insights page.