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GAIL to import 5 MT LNG from US in FY'19

11-12-2017| Source:PTI

GAIL has contracted 5.8 MT per annum of liquefied natural gas (LNG) from the US, some of which it has swapped - either by exchanging the gas with someone having it nearer to India or by time

Speed up rollout of piped gas in North East: Dharmendra Pradhan to OMCs

09-12-2017| Source:PTI

Oil Minister Dharmendra Pradhan has asked the oil marketing firms to speed up the expansion of city gas distribution network and provide compressed and piped natural gas connections in the North East.

Vladimir Putin to launch giant $27 billion LNG project in the Arctic

08-12-2017| Source:PTI

Russsian President Vladimir Putin was set to launch on Friday a USD 27 billion liquefied natural gas plant in the snow-covered plains of the Arctic as Russia hopes to surpass Qatar to become

Entire pack of gas stocks in a sweet spot: IIFL  

08-12-2017| Source:CNBC-TV18

Our official target price on Petronet LNG is close to Rs 315. We think it is a good compelling buy on rising liquefied natural gas (LNG) imports in India, said Harshvardhan Dole of IIFL.

GAIL India awards job orders under key pipeline project

07-12-2017| Source:PTI

With these awards, major contracts for phase-II of the Jagdishpur-Haldia and Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) project have been finalised.

Core sector growth drops to 4.7% in October

30-11-2017| Source:PTI

The eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- had clocked a growth of 7.1 percent in October last year.

ONGC wants higher gas price to produce KG, Kutch discoveries

26-11-2017| Source:PTI

State-owned Oil and Natural Gas Corp (ONGC) has sought more than doubling of natural gas prices to help bring significant discoveries in KG basin and Gulf of Kutch to production.

India imports filthiest fuel, offers tax advantage


The new tax regime incentivizes the use of pet coke, or petroleum coke, which is a refinery by-product, as it is taxed at 18 percent, much lower than alternate cleaner fuels such as natural gas

FICCIs Sanjaya Baru bats for 5 percent GST on natural gas, writes to Arun Jaitley


Producers should get a tax refund for the expenses incurred during exploration and production of natural gas till the time the fuel comes under the GST net, Baru said in his letter.

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