(a) whether the Government propose to undertake and develop any project for storing underground natural gas;
(b) if so, the details thereof including the likely cost involved vis-Ã -vis benefits of the project; and
(c) the time by which the project is likely to completed?
MINISTER OF PETROLEUM & NATURAL GAS & PANCHAYATI RAJ (SHRI MANI SHANKAR AIYAR)
(a) to (c) Many developed countries have created underground storage facilities to meet the eventuality of disruption in gas supplies and to meet the requirements of seasonal demand variation. In India also, it has been decided to develop underground natural gas storage facilities. The proposal is at a conceptual stage. Abandoned gas wells and salt caverns are generally used for this purpose. The gas consuming industries will be the beneficiaries of these facilities.