A Photographic and Video visit to Gujarat owned GSPC KG-22
Gandhinagar, DeshGujarat
State-run Gujarat State Petroleum Corp (GSPC) expects to produce 8-10 million cubic metres of gas per day from end-2010 from its block off the Andhra Pradesh coast. Gujarat chief minister Narendra Modi said adrresing journalists via video conferencing said on Wednesday that GSPC had found more gas in the Krishna Godavari basin deep-sea block. The firm expects total block reserves to be over 20 trillion cubic feet (tcf).
Gujarat Chief Minister Narendra Modi declared valuation of on Thursday for the gas find by Gujarat State Petroleum Corporation (GSPC) in the Krishna-Godavari basin at $100 billion. “The GSPC would be able to fulfil the energy requirements of Gujarat for a long time to come”.Modi siad in his video conferencing oriented press meet. Modi had rushed slongwith his ministers to the offshore drilling platform off the Andhra coast and addressed a press meet from there.
On Thursday Modi and his ministers flew to the KG-22 well near Kakinada, which has created a lot of excitement as its estimated gas reserve of three trillion cubic feet (TCF) is said to be the highest ever from any single well anywhere in India. The total gas in the GSPC’s Deen Dayal block, which is under exploration right now, would be to the tune of Rs 4 lakh crore, or $100 billion.
“We plan to use profit from GSPC for health and education of poor children in Gujarat.” Modi said. On future path of GSPC, he said the GSPC’s commercial output of 8 to 10 million cubic metres of gas daily will start by 2010-end. The GSPC plans to set up a gas processing plant at Kakinada on 300 acres of land this year. The gas will be shipped to Gujarat via Reliance pipeline and will be supplied across Gujarat for homes, industries and automobile.
GSPC holds an 80-percent stake in the block, awarded for exploration to GSPC along with its partners Jubilant Enpro and Canada’s GeoGlobal Resource in 2003.
The KG basin, where Reliance Industries and state-run Oil and Natural Gas Corp have also found gas, has huge reserves. Output from Reliance’s assets is expected to double gas supplies in the energy-hungry country.
July 18th, 2008 at 6:20 am
The first ever dynamic and visionary CM is turning around Gujarat by investing heavily in Infrastracture Projects. This new found gas will surely reduce green house gases in Gujarat. The new additional supply alongwith Reliance Gas will be helpful for our transportation network, industry, and household consumers. Shri Narendra Modi is also promoting the idea of ” Gobar Bank ” in rural Gujarat so the villeges can establish their own gas pipeline network by using the locally produced gas from Gobar. Many congratulation to all overseas Gujaratis on this great achievement by our engineers and team.
July 20th, 2008 at 8:23 pm
Hi,
One OSHA code violation by Modi you have to have covered tow shoes for your safety. I am sure he is doing great for gujarat but for his safety he should have been covering his toe.
Tejas
August 25th, 2008 at 4:02 am
Narendrabhai,
Tame amara kharekhara priya Gujarati chho!!
Abhinandan sah,
Ketan
Muscat
September 6th, 2008 at 2:03 pm
Shree Narendra modiji,
Firt of all congratulation on ur state run ccompany GSPC find the gas in KG basin & very good development in gujarat.i think all of our gujarat people benifit by this gas to domestic,industrise,& vehicle trnsportation get alternative fuel,i want to suggest here to shree modiji that in IT sector why we behind,develop one area in ahmedabad like banglore in karnataka{it hub]like this way our gujarat name also to come ahead,one more idea i want suggest here from mumbai[maharashtra]to gujarat border is near so from south gujarat-umbergaon to vapi develope as a GIDC[manufacturer,pharma,packagining industry]so gujarat people get the service & govt get the good income via different taxes,so provide some good benefit to industrialist like tax relief,good road for transportation tec…so mumbai is a office area is developed,so any body can attract by if good GIDC scheme developed in this area in that gujarat goverement can earn good income in future.
Well wisher of gujarati.
From Mumbai