LOK SABHA
Balance gas reserves in the country as on 1.4.2003 have been estimated to be of the order of 0.9 billion tonnes. Giving this information in a written reply in the Lok Sabha the Minister for Chemical and Fertilizers Shri S.S. Dhindsa added that Fertilizer industry is a major consumer of natural gas and accounts for nearly 38 per cent of total consumption of gas. The average actual supply of gas to fertilizer units during 2002-03 was about 21.54 million standard cubic meters per day (MMSCMD).
No assessment about the duration for which the gas reserves will last has been made as it is dependent on several factors such as trends of production and consumption, new gas finds, alternative sources of energy etc.
(Release ID :460)