Mar 05, 2021 03:11 PM IST
The average LNG price for April delivery into Northeast Asia was estimated at about $5.70 per million British thermal units (mmBtu), up about 10 cents from the previous week, sources said.
- Feb 19, 2021 08:55 AM IST
When natural gas is brought under the ambit of GST, the government should ensure that it also includes distribution of gas and regasification of LNG
- Feb 18, 2021 02:18 PM IST
To boost the usage of LNG as a transport fuel, the policy aims to convert 10 percent of long-haul heavy-duty trucks in India to LNG-compatible models.
- Feb 17, 2021 09:18 AM IST
A scramble for gas has led to LNG prices and charter rates shooting up
- Feb 13, 2021 10:47 PM IST
The ONGC board also approved formation of a new wholly-owned subsidiary company for focusing on gas and LNG business value chain subject to necessary approvals.
- Nov 19, 2020 04:47 PM IST
So far, India uses petrol, diesel, CNG and auto-LPG as fuels to run automobiles. LNG is a new fuel that can be dispensed from outlets similar to petrol pumps, and is used not just in long long-haul buses and trucks but also in running mining equipment, as bunker fuel, and rail locomotives.
- Nov 12, 2020 10:27 AM IST
Post a challenging Q1, GAIL’s performance in Q2 has been notable, with a recovery in volumes in all major segments
- Sep 25, 2020 09:52 PM IST
The Ministry of Petroleum and Natural Gas has formed a panel to study the plan and explore other options to make gas production remunerative
- Jul 30, 2020 09:45 AM IST
The glut in the LNG market is hurting both buyers and sellers and as in the case of crude oil, gas is finding its way into storage tanks
- Jun 26, 2020 08:12 PM IST
To boost gas usage, India is expanding infrastructure including building new liquefied natural gas (LNG) import plants and connecting households with an expanding gas pipe network.
- Jun 17, 2020 09:26 AM IST
IGX would help establish a market-driven pricing mechanism for gas in the country
- May 21, 2020 03:28 PM IST
The firm issued an expression of interest (EOI) last year to charter up to 12 vessels from 2025 in its first foray into LNG.
- May 07, 2020 07:22 AM IST
Economies worldwide have ground to a halt as virus containment measures have taken their toll, slashing gas demand for power generation, heating, cooking, vehicles and chemical manufacture. The world's biggest LNG markets - Japan, China, South Korea and India - are all seeing a drop in demand.
- Mar 09, 2020 04:39 PM IST
- Mar 06, 2020 05:49 PM IST
The average LNG price for April delivery into northeast Asia is estimated at about $3.20 per million British thermal units (MMBtu), 20 cents higher from the previous week, but still, near-record low prices, several traders said.
- Feb 20, 2020 03:17 PM IST
The South Asian nation is estimated to import about 2.36 million tonnes in February, shiptracking data from Refinitiv Eikon showed. That would exceed India's LNG imports in October of about 2.3 million tonnes, the previous highest monthly total.
- Feb 17, 2020 06:00 PM IST
Moneycontrol's Shraddha Sharma gets in conversation with Swaraj Baggonkar to talk about the government's push towards LNG.
- Feb 17, 2020 10:10 AM IST
State-run Qatar Petroleum (QP) declined to comment on the reported delay, which comes as the global gas industry faces the major challenge of a supply glut due to booming U.S. production and a drop in Chinese demand.
- Feb 17, 2020 08:50 AM IST
A sharp drop in natural gas prices offers government the opportunity to reignite gas-based power units
- Feb 15, 2020 09:54 AM IST
The impact of China's coronavirus outbreak on LNG market could worsen in the coming weeks as economic activity in manufacturing hubs struggles to rebound, keeping a lid on natural gas demand and triggering more LNG trade flow disruptions.
- Feb 12, 2020 09:38 AM IST
While coronavirus has accelerated the fall in the last few months, there is also a structural weakness in LNG prices, which the current crisis has exposed
- Jan 21, 2020 03:21 PM IST
With gas pipelines yet to reach most parts of eastern India, GAIL has hired specialised cryogenic bullet trucks to transport imported liquefied natural gas from Dahej in Gujarat to Bhubaneshwar, where it is used as CNG to fuel automobiles and piped gas as cooking fuel in kitchens, company Chairman and Managing Director Ashutosh Karnatak said.
- Jan 14, 2020 08:25 AM IST
The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.
- Dec 10, 2019 02:41 PM IST
The tender closes on December 10 and is valid until December 12, one of them said.
- Dec 09, 2019 11:05 AM IST
No further details were immediately available and Saudi Aramco declined to comment. EOIs are preliminary enquiries that may or may not turn into full-fledged orders.