India’s coal bed methane output expected at 759 MSCM in FY23
India’s production of coal bed methane (CBM) for the 12 currently operating blocks is expected to reach 759 million standard cubic meters (MMSCM) in FY23 and will reach an additional 1,072 million standard cubic meters in FY24, the Parliament reported. Monday.
“Currently, there are 12 CBMs active, 5 of which are in the production phase, 3 are in the development phase and 4 blocks (awarded during SCBM-21) are in the exploration phase,” Coal Minister Pralhad Joshi said. Featured question in Rajya Sabha.
According to the data provided by the minister in the Senate, the country’s CBM production is expected to be 759 million cubic meters in FY23, which is expected to grow to 1,072 million cubic meters in FY24 and 1,508 million cubic meters in FY24. fiscal year 25.
“The total projected CBM resource for Active CBM(12) blocks is around 480 billion cubic meters (BCM) of which 5.4 billion cubic meters (BCM) is produced till October 2022. The Government of India has now launched the 2022 Special CBM (SCBM) Bid Round -22) With the rollout of 16 CBUs covering an area of about 5,800 sq km across 7 states,” Joshi told the Rajya Sabha.
In addition, one CBM block within the BCCL Leasehold District (Jharia CBM Block-I) has been awarded to PEPL Ltd as a CBM developer. He added that this block is under exploration.
BCCL is a file India coal (CIL) affiliate.
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CBM bids
The Center formulated the Coal Bed Methane (CBM) policy in 1997, in which CBM is explored and exploited as natural gas under the provisions of the Oil Fields (Regulation and Development) Act 1948 and the Petroleum and Natural Gas Rules 1959 administered by the Ministry of Petroleum and Natural Gas (MoPNG). The Directorate General of Hydrocarbons (DGH) became the nodal agency.
Subsequently, MoPNG issued a partial amendment to CBM Policy, 1997 on May 8, 2018, which set forth the consolidated terms and conditions for granting exploration and exploitation rights for CBM to CIL and its affiliates from coal-bearing coal regions in which it owns mining. A coal mining lease as it will also be considered a CBM mining lease.
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India paid a record $28 billion to import 131.92 million tons of coal in the first half of FY23.
The high value of imports was at the expense of higher international coal prices largely due to the Russian-Ukrainian conflict and the weakness of the Indian rupee against the US dollar
The government launched the first to fourth CBM bidding rounds (2001, 2003, 2005 and 2008), of which 8 blocks are operational and in the production and development stage.
The total area of these eight blocks is 2,430 square kilometres. In 2021, the government launched the CBM-21 bidding round and awarded 4 sets of CBMs covering an area of about 3,860 square kilometers.