|Mr. Deepak Mahurkar, Partner and Leader Oil & Gas Industry Practice, PwC answering the queries.
|Mr. Prabhat Singh, MD & CEO, Petronet LNG Ltd giving his prespective.
|Mr. D. K. Sarraf, Chairman, PNGRB making a point.
|Dr. R. K. Malhotra, Director General, FIPI raising his query.
|Sections of the participants.
|Mr. Sourabh Jha, Principal Consultant, PwC delivering his presentation.
|Mr. Praveen Rai, Deputy Director (Economic Policy & Planning), FIPI welcoming the participants
Session on LNG for road transportation
Federation of Indian Petroleum Industry (FIPI) organized a session on “Liquefied Natural Gas (LNG) as fuel road transportation” in association with Petronet LNG Ltd on September 28, 2018 at India Habitat Center with an objective to discuss the outcome of the study “Viability Assessment of Liquefied Natural Gas (LNG) as a fuel for long distance transportation” which is being carried out by FIPI in association with IOCL, BPCL, GAIL, Petronet LNG, Shell, India Gas Solutions (JV of RIL & BP) and Exxon Mobil with PWC as knowledge partner.
The session was attended by representatives of key stakeholders such as GAIL, Petronet LNG, Shell, Exxon, BPCL, India Gas Solutions, Petroleum & Natural Gas Regulatory Board (PNGRB), Indraprastha Gas Limited, Green Gas Limited and Center for Energy Studies – IIT Delhi.
The session commenced with a presentation by PWC on the subject. They key points that emerged during the presentation were that, use of LNG for transportation can be beneficial for a wide range of stakeholders – i.e. society, government, LNG companies, Fleet operators and OEMs in terms of environmental benefits due to lesser greenhouse gas and particulate matter emissions and economic viability due to the price differential between diesel and natural gas. The participants in the session also made key observations such as developing a plan of action by building consensus among various stakeholders, for developing a LNG based fuelling infrastructure, presenting to the government about global developments and the plan for setting up infrastructure in India, evaluation of post GST sensitivities for estimating price differential of LNG & diesel and incentives required for OEMs and truck fleet operators for shifting to LNG fuelled trucks.