The growing importance of natural gas in the energy mix of the country was highlighted by Sh. B.M. Bansal, Director (Planning & BD), IndianOil while delivering his opening remarks as Session Chairman at a Guest Lecture organised on ‘Underground Storage of Natural Gas: An Overview’ by PetroFed on August 27, 2009. The speaker for the session was Sh. S. Malkani, General Manager, EIL who is a specialist in Rock Mechanics and has been a key resource person in the Government’s strategic storage programme.
Sh. Malkani, who has initiated pre-feasibility studies for the Government’s underground natural gas storage programme, covered in his presentation not only the global natural gas scenario but various types of underground storage and their details with cost and time schedules. Underground storage, he said, has several advantages in comparison to above ground storage and is environment friendly and strategically safe.
The extensive interest in the subject envisaged by the participants was demonstrated in the extended Q&A session.