ONGC ready to sell 200,000 cm/d Jorhat gas

Vol 20, PW 11 (23 Feb 17) News in Brief

ONGC is in the market to sell up to 200,000 cm/d from its newly-carved out Jorhat asset in Assam with an invitation to bid expected shortly.

Most of the 'flared' or 'capped' gas will come from the Borholla, Khoraghat, Nambar, Kasomarigaon and Hazarigaon fields. Local retailer Assam Gas Company already buys up to 40,000 cm/d from the Jorhat asset through a pumping station at Uriamghat and is an obvious candidate for more.

So too is nearby BPCL-operated Numaligarh refinery which expressed an interest in acquiring the entire 200,000 cm/d quantity on the sidelines of a Joint Working Group meeting with ONGC on February 7 attended by oil companies from across the northeast. Numaligarh refinery wants to supply its 250-acre township of 900 families including 800 company employees with piped gas.

"This can be used as cooking gas for our township," confirms a NRL source. "Assam Gas is preparing a technical feasibility study to see how it can be done." ONGC estimates a typical household of four consumes 0.5 cm/d gas potentially paving the way to supply 400,000 homes with its offer of 200,000 cm/d.