Exploration, monetisation of natural gas will benefit Northeast India: IGX

Q: How long will it take to read this news story?

The story "Exploration, monetisation of natural gas will benefit Northeast India: IGX" has 523 words across 14 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Exploration, monetisation of natural gas will benefit Northeast India: IGX" was covered 3 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 295 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23489794</li><li>URL: https://beamstart.com/news/exploration-monetisation-of-natural-gas-1731235362</li></ul>

Business Standard Logo Business Standard 3d ago

Exploration, monetisation of natural gas will benefit Northeast India: IGX - Business Standard

Quick Summary:

Rajesh K Mediratta, Managing Director and CEO of IGX, the country's first automated national level gas exchange, maintained that the region can supply the surplus gas not only to other parts of the country, but also to neighbouring Bangladesh and earn significant revenue.

Exploration and monetisation of natural gas deposits in the northeastern region can help cut down its import, while also boosting the local economy and providing more trade opportunities, a top official of the Indian Gas Exchange (IGX) said.

As the Northeast Gas Grid is likely to become operational by 2026, the deposit of 6 million MMSCMD of natural gas can be monetised by the existing producers," Mediratta said.