BG Databook 2013 India
BG Databook 2013 India
BG Databook 2013 India
www.bg-group.com
INDIA
BG GROUP HAS BEEN OPERATING IN INDIA SINCE 1995. THE GROUP HAS UPSTREAM INTERESTS IN THREE OFFSHORE PRODUCING FIELDS, HAS TWO EXPLORATION LICENCES AND HAS CONTRACTED LONG-TERM LNG SALES INTO THIS FAST GROWING GAS MARKET.
AHMEDABAD VADODARA
HVJ pipeline
BHARUCH
AREAS OF OPERATION
ANKLESHWAR
NEW INFORMATION
HAZIRA SURAT
INDIA
Agreement completed for initial supply of 1.25 mtpa of LNG to Gujarat State Petroleum Corporation (GSPC) from 2015 for up to 20 years Awarded exploration licence and signed PSC for MB-DWN-2010/1
KEY DATES
2
GULF OF CAMBAY
Panna
MUMBAI
Mahanagar Gas
CUTTACK BHUBANESHWAR PURI
1995 Mahanagar Gas Ltd (MGL) formed 2002 30% participating interest in the Panna/Mukta and Mid and South Tapti (PMT) elds acquired 2008 Agreement signed by BG Group with GAIL (India) Limited to purchase PMT gas 2010 PSC for Block KG-DWN-2009/1 signed
MB-DWN-2010/1
Mukta
India 2
INDIA
KG-DWN-2009/1 (A) KAKINADA MN-DWN-2002/02 KG-DWN-2009/1 (B)
ARABIAN SEA
KEY TO OPERATIONS
India 1
Gas Oil Gas pipeline 0 100 km Oil pipeline BGGroup-operated block* BGGroup non-operated block
* PMT elds are jointly operated by BG Group, Reliance Industries Limited, and Oil and Natural Gas Corporation Limited (ONGC)
In 2012, a consortium led by BG Group (50% and operator) was awarded the exploration block MB-DWN-2010/1, in the Mumbai Basin, offshore the west coast of India. The block covers an area of nearly 8 000 square kilometres in water depths of around 3 000 metres. In 2013, a 2D seismic survey was completed and the data is expected to be processed within the same year. BG Group (30% and operator) holds exploration block KG-DWN-2009/1 (both A and B) in deep water in the Krishna Godavari (KG) Basin. During 2012, pursuant to an exit agreement with ONGC, BG Group agreed to transfer its interest in the KG-OSN-2004/1 and the MN-DWN-2002/02 blocks to ONGC. The Government of India (GoI) has approved the assignment of BG Groups interest in KG-OSN-2004/1; however, the PSC amendment has yet to be executed. The GoI is yet to approve the assignment of BG Groups interest in MN-DWN-2002/02.
LNG Shipping & Marketing In 2013, BG Group completed an agreement with GSPC for the initial supply of 1.25 mtpa of LNG beginning in 2015 for up to 20 years, potentially increasing to 2.5 mtpa after two years. Other Gujarat Gas Company Limited (GGCL) As part of BG Groups portfolio rationalisation programme, the Group completed the disposal of its controlling stake in GGCL in June 2013. Mahanagar Gas Ltd (MGL) MGL, based in Mumbai, is Indias largest gas distribution company in terms of size of customer base, serving more than 590 000 residential, commercial and industrial customers and fuelling more than 300 000 vehicles with CNG at the end of March 2013. BG Group and GAIL (India) Limited each have a 49.75% stake in MGL, with the residual stake held by the government of Maharashtra.
Upstream: E&P BG Group has a 30% interest in the Mid and South Tapti gas elds and the Panna/Mukta oil and gas elds. Incremental development of the existing elds via well intervention and inll drilling campaigns, as well as evaluating new projects and further development opportunities, is being planned.