Gas Consumption in India Growing 6 to 8 Percent a Year

DUBLIN, Ireland - June 2, 2006: Research and Markets has announced the availability of "Indian Oil & Gas Industry: An Industry Analysis." This report provides an objective analysis on the Oil & Gas sector in India along with detailed information on exploration, production and other processes along with annual consumption figures and future growth projections. It gives a detailed overview of the opportunities, challenges and critical success factors for the growth of the industry.

The Oil & Gas sector plays a very important role in the economic and political scenario of the world. The Ltd. number of oil and gas reserves and increasing energy requirement across the globe has led to spiraling of prices resulting in supply related concerns for countries around the world.

The high economic growth in the past few years, increasing industrialization coupled with a burgeoning population has created a lot of concern for India 's energy scenario. India has 0.5 % of the Oil and Gas resources of the world and 15 % of the world's population. This makes India heavily dependent on import of crude oil and natural gas. India 's Crude Oil production has also been flat over the last 10 or more years whereas its refining capacity has grown by 20 + % over the last 5 years. Oil consumption is growing at 3.7% per year and natural gas consumption at 6 - 8% per year.

The fact that India has not made any major breakthroughs in the field of renewable sources of energy, Oil and Natural gas would continue to hold a place of key importance in India 's economy.

REPORT HIGHLIGHTS

-- The competitive market landscape in the Indian Oil & Gas Industry.

-- The importance of new oilfield discoveries and exploration.

-- Influence of the political situation, strategic tie-ups with oil producing countries and technological innovation in shaping the oil & gas sector in India.

-- The various opportunities and challenges of the industry.

REPORT FEATURES

The Market research report "Indian Oil & Gas Industry: An Industry Analysis" gives a complete overview of the Oil & Gas Sector in India along with the driving forces and challenges. This report also looks at the growth prospects and the future scenario in the industry. Different sections of the report have been devoted for the discussion of various aspects of the industry.

Chapter 1 of the report gives a complete overview of the Worldwide Oil and Gas Industry along with a discussion on India 's position in Global Oil and Gas Industry. Chapter 2 and chapter 3 discuss in detail the Oil sector and Gas Sector in India respectively. Oil and Gas Industry in India discuss the industry overview, exploration, production, consumption, exports and distribution of Oil and Gas in great detail. Chapter 4 takes a look at the regulatory framework and recent policy initiatives regarding Oil and Gas Industry in India. Chapter 5 gives an overview of the major Projects underway in the Oil and Gas Sector. Chapter 6 and 7 discuss the Driving forces and challenges faced by the industry. Chapter 8 discusses the future scenario, growth projection for requirement of Oil, gas and petroleum products in India. Chapter 9 talks about the recent developments and newsworthy topics in the Oil and Gas sector. Finally the report concludes with a discussion on the major players in the Oil and Gas Sector in India.

Who should buy the report?

Oil suppliers, distributors, equipment suppliers, institutional investors, Oil and gas regulatory bodies, investors analysts and consultants would find this report for getting a quick snapshot of the oil and gas sector in India.

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