Gas Storage: 54% Drop in Price

The State Trading Corporation (STC) will pay Rs 475 for storing a ton of gas against Rs 1,043 currently. But that does not mean that there will be a drop in gas prices for household consumers in the global market because the price is $ 1,327 a tonne. The price of a gas cylinder was more than Rs 600 without government subsidies. 

When the STC launches a tender, traders supplying gas in small volumes in the country, it is argued on the side of the body. "The trader has a premium on the price of gas it sells to the country. In 2011, the trader had a premium of $ 147. Whoever wins the tender touch big as other countries in the region he will trust. In the African region, the gas consumption per capita is 54 kg because in 98% of homes, people use household gas, "says our interlocutor.

Country has a storage capacity of 5300 t of gas while the annual consumption of 65,000 t, a figure that increases by 4% annually. On this trend, the country consumes 125,000 tonnes of gas annually by 2025. This is a process that is underway with the ship that carries gas. When the ship docked the port of Mauritius, there is a pipeline that connects the ship to special tanks. We also have underground tanks. They are the property of the company Escol owned by Total and Shell.