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  • India’s Swan Energy to sell LNG terminal to Botas for $399 million

    The deal, which is likely to be completed in six months, is subject to the approval of shareholders and regulators, the Mumbai-based company said in a stock exchange filing.

  • IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Dharmendra Pradhan

    India's largest oil firm IOC, which recently commissioned a 5 million tonne liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu, as well as gas utility GAIL have "both technical and financial capability to develop their own LNG terminal," he told the Lok Sabha.

  • India's H-Energy says to delay start of LNG terminal until 2019

    The terminal had been slated to start full commercial operations by the final quarter of 2018, but that was likely to be pushed back after heavy monsoon rains affected the laying of a pipeline, said Rahul Tiwari, senior LNG trader at the company.

  • Petronet to build Sri Lanka's first LNG terminal

    "Petronet will be the leader of the joint venture with the largest shareholding," he told reporters after the company's annual general meeting here.

  • Petronet-Japanese co to build Sri Lanka's first LNG terminal

    "The Sri Lankan Government issued a Letter of Intent to the Government of India" to build the LNG import facility that would supply regassified gas to power plants and transport sector, Petronet LNG said in a statement.

  • Swan Energy locked at 20% upper circuit on GMB approval

    The company's subsidiary Swan LNG (SLPL), has received approval from Gujarat Maritime Board (GMB) for commencement of construction of LNG terminal with ancillary structures for its floating storage and re-gasification unit (FSRU) project at Jafrabad, Gujarat.

  • GAIL launches tenders for up to 17 LNG cargoes: Traders

    The company is seeking five cargoes for deliveries in October to December at its 5 million tonne per annum (mtpa) LNG terminal at Dabhol in Maharashtra, the source said.

  • Iran keen to invest in AP's mining, agri & allied sectors

    Ali Akbar called on Andhra Pradesh chief minister N Chandrababu Naidu at Secretariat. While reflecting on the potential areas of collaboration between Iran and India, he said Iran is keen on working with the Government of Andhra Pradesh in mining, marine, agriculture, horticulture, petro-chemicals and IT, an official release stated.

  • AP govt signs MoU to set up Rs 5000 cr LNG terminal

    Andhra Pradesh govt signs a MoU to set up a Rs 5000 crore floating LNG terminal, which has the potential to not just solve the power shortage in the state, but could even make it power surplus.

  • Petronet keen to buy 25% stake in Gujarat LNG terminal

    Petronet LNG is interested in buying a 25 percent stake in a planned liquefied natural gas (LNG) terminal in Gujarat state, its chief executive said.

  • IOC plans 1,175 km pipelines to connect Ennore LNG terminal

    State-owned Indian Oil Corp (IOC) plans to lay 1,175 km of pipelines to transport liquid gas it will import at the proposed Ennore LNG terminal in Tamil Nadu.

  • GAIL signs pact with GDF Suez; stock gains

    GAIL India has signed pact with GDF Suez to build floating LNG terminal, reports CNBC-TV18, quoting DowJones.

  • RIL & BP in talks to install floating LNG terminal: Sources

    Big boy Reliance Industries may be talking to British Petroleum (BP) for installing a floating LNG terminal with a capacity of over three million tonne per annum (mtpa). This could entail an investment of USD 500 million.

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