Ashok nagar – Oil Availablity

INTRODUCTION:

Years after independence, West Bengal is depending on the central authorities for assistance at meeting its needs for matter; food industry continued stagnant, and the Indian green turn bypassed the state. Nevertheless, there has been a substantial change in the food industry since the 1980s, and the government today has a surplus of grains. The government's share of overall business production in India was 9.8 per cent in 1980–1981, declining to 5 per cent by 1997–1998. In comparison, the service sector has grown at a rate higher than the federal pace. The government's gross fiscal liability stood around ₹1,918,350 million (the US $ 29 billion) as of 2011.

On Nov 19 (PTI) Union Petroleum Minister Dharmendra Pradhan Thursday said he will soon visit Ashok nagar in West Bengal, the location of oil and gas discovery and review the project.

An oil and gas discovery has been made during a well in Ashok Nagar of 24 Parganas district in West Bengal, he said adding that one lakh cubic meters per day of gas flowed from one object that was tested.

To an issue by MCCI president Vivek Gupta, he said that ONGC has finally found oil and gas at Ashok nagar within the Gangetic belt after 20 years of failure and is hopeful that it'll be the primary of its kind in West Bengal. Consistent with some experts, commercial production from the block could start as early because of the end of this fiscal.

The state government has also been working on a plan by the ministry of petroleum resources to develop a pipeline for oil in Ashok Nagar. The project will be funded through a grant from the department of energy and the natural environment. The state government has also been working on a plan by the ministry of energy and natural resources in the near future. Ashok nagar-oil Availability: An analysis of supply and demand in Ashok Nagar the main reason why demand is high is due to low oil prices. The price of oil is rising at a rapid pace, which means that the oil demand is not as elastic as it was before. This is because the supply of oil varies with different countries and regions and Thus, the demand for oil is very limited.

The supply of oil is also increasing day by day. It is important to note that the supply of oil is not always stable. There are many factors that affect the supply of oil, such as the price of oil, quantity supplied and quantity demanded. The price of oil is fluctuating with time and it can be affected by various factors like weather conditions, economic condition etc. This is why it has become a necessity for every country to have an accurate supply of oil. In order to get the right amount of oil, some things need to be kept in mind. These things include: · oil prices should be maintained at a constant level. If oil prices fall below the equilibrium level, then demand will increase. · oil prices should be kept low so that people can buy more of it.

"On a pilot basis, we've even sent the oil to Haldia Refinery and also reviewed it. I will be able to be visiting soon to seem into this, Pradhan said at the annual general meeting of Merchants' Chamber of Commerce and Industry (MCCI)."

India has 26 sedimentary basins, of which only seven have commercial production of oil and gas. apart from the Assam shelf, ONGC opened for commercial production all the opposite six basins, including Cambay, Mumbai Offshore, Rajasthan, Krishna Godavari, Cauvery, and Assam-Arakan Fold Belt. the invention in Kutch offshore may hold about one trillion cubic feet of gas reserves. The spread of Kutc offshore basin covers a neighbourhood of 28,000 square kilometres in a water depth of up to 200 meters and can become eighth producing basin of the country.

Ashok Nagar can prove to be the best opportunity for the people of West Bengal can rise to the employment of the state and also can provide a helping hand in the economy of the Indian Government. When Country people grow indirectly the Country grows. Ashok nagar is a major source of income for the people who are living in the area. It has been used as a source of livelihood for many years now and its oil supply is very good. The oil industry in Ashok Nagar has grown tremendously over time and the demand for oil is increasing day by day. The oil companies have started to import from India and other parts of the world. Ashok nagar is one of the most important oil-producing regions in the world. It is a leading producer of oil, gas and petroleum products. The oil industry in Ashok Nagar is also known as the largest oil exporter in India.

Major employment has been generated over the years by these companies It is estimated that there are more than 100 million jobs in Ashok Nagar. The main industries of Ashok Nagar are: ·

• oil refinery · petrochemical processing
• petrochemicals & fertilizers
• pharmaceutical & biotechnology etc.

As these industries require the number of workers to grow their firm and this also benefits the workers. Ashok nagar is the new sunrise for India and its people.