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Showing posts with label mcx updates and tips. Show all posts
Showing posts with label mcx updates and tips. Show all posts

Friday, 10 July 2015

India unrealistic to get Gas from Central Asia before FY20: Ind-Ra


India won't get gas for the following four to five years from vitality rich Central Asia through the proposed $10bn Turkmenistan–Afghanistan–Pakistan–India (TAPI) pipeline, as indicated by India Ratings and Research(Ind-Ra). The TAPI pipeline is unrealistic to be appointed by the proposed course of events of FY18, and India will keep on depending on local gas and importe

The ability of Turkmenistan state concern to value its gas in a way which would guarantee its cost aggressiveness in nations where the gas is at last sold is crucial for the undertaking to take off. Turkmenistan is a net exporter of characteristic gas and its economy relies on upon such fares and subsequently may keep costs high.