The Dilemma of KG Gas: Decoded
Nowadays, This Title became the synonyms of the Crony Capitalism. There are many reports, articles published on the topic in both electronic and Print media. But there are many doubts in mind related to pricing, supply and demand etc. Gas business is the complex issue. Here is the small try to make it simple. Before starting the Topic, need to understand the basic terms/abbreviation related to the issue : RIL – Company head by Mukesh A , RNRL – Company head by Anil A , ONGC , NTPC, GAIL – Govt PSUs , DGH(Regulator) – Director General of hydrocarbon , MoPENG –Ministry of Petroleum and Natural Gas , PSC- Profit sharing Agreement , MMSCFD ( Million standard cubic feet per day) – Unit to measure gas production. There are mainly three issue related to This topic – (1) Gas pricing (2) Gold plating (3) Hoarding of gas Here I represent the 3 aspect of each topic. First aspect is the : General thinking – Perception – news run in media by critic , Second a...