SOUTH ASIA GAS Enterprise (SAGE), an international consortium of companies in deepwater pipeline projects, has sought the support of ministry of petroleum and others to develop an undersea gas pipeline from Gulf to India.
"We have carried out both technical and financial feasibility of the project, and have received positive response from various stakeholders. We now need the diplomatic and political support to take it forward as this requires long-term government-level agreement," SAGE director Subodh Kumar Jain said.
The proposed 2,000-km-long energy corridor connecting Middle East and India, a $5 billion project, can lead to an annual saving of about ₹7,000 crore in comparison with similar quantity of liquefied natural gas (LNG) import.
Diese Geschichte stammt aus der May 16, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der May 16, 2023-Ausgabe von Financial Express Mumbai.
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