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  • Centre planning benchmark-linked floor price for locally produced natural gas: Report Sep 25, 2020 09:52 PM IST

    Centre planning benchmark-linked floor price for locally produced natural gas: Report

    The Ministry of Petroleum and Natural Gas has formed a panel to study the plan and explore other options to make gas production remunerative

  • GAIL should stop complaining and use the present crisis to its advantage Jul 30, 2020 09:45 AM IST

    GAIL should stop complaining and use the present crisis to its advantage

    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

  • India to end federal control of gas prices, lift LNG transport use Jun 26, 2020 08:12 PM IST

    India to end federal control of gas prices, lift LNG transport use

    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.

  • India Gas Exchange can help revolutionise gas infrastructure in the country Jun 17, 2020 09:26 AM IST

    India Gas Exchange can help revolutionise gas infrastructure in the country

    IGX would help establish a market-driven pricing mechanism for gas in the country

  • Saudi Aramco's shipping arm puts LNG tanker requirement on hold: Sources May 21, 2020 03:28 PM IST

    Saudi Aramco's shipping arm puts LNG tanker requirement on hold: Sources

    The firm issued an expression of interest (EOI) last year to charter up to 12 vessels from 2025 in its first foray into LNG.

  • Virus lockdowns pummel global gas demand, force LNG output cuts May 07, 2020 07:22 AM IST

    Virus lockdowns pummel global gas demand, force LNG output cuts

    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.

  • Oil hits a crash course. What it means for macros and Indian markets Mar 09, 2020 04:39 PM IST

    Oil hits a crash course. What it means for macros and Indian markets

  • Asian spot LNG prices edge higher as supply tightens Mar 06, 2020 05:49 PM IST

    Asian spot LNG prices edge higher as supply tightens

    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.

  • India set to import record LNG volumes as spot prices slump on virus impact Feb 20, 2020 03:17 PM IST

    India set to import record LNG volumes as spot prices slump on virus impact

    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.

  • Reporter's Take | Govt to push use of LNG for intercity buses Feb 17, 2020 06:00 PM IST

    Reporter's Take | Govt to push use of LNG for intercity buses

    Moneycontrol's Shraddha Sharma gets in conversation with Swaraj Baggonkar to talk about the government's push towards LNG.

  • Qatar delays partnerships for natural gas expansion amid price collapse: Sources Feb 17, 2020 10:10 AM IST

    Qatar delays partnerships for natural gas expansion amid price collapse: Sources

    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.

  • Let gasping gas plants breathe freely Feb 17, 2020 08:50 AM IST

    Let gasping gas plants breathe freely

    A sharp drop in natural gas prices offers government the opportunity to reignite gas-based power units

  • Explained | Why LNG prices are falling and what's the outlook Feb 15, 2020 09:54 AM IST

    Explained | Why LNG prices are falling and what's the outlook

    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.

  • Free falling LNG – one of the worst affected victims of coronavirus Feb 12, 2020 09:38 AM IST

    Free falling LNG – one of the worst affected victims of coronavirus

    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

  • GAIL ferries LNG in trucks over 1,700 km to fuel gas demand in east Jan 21, 2020 03:21 PM IST

    GAIL ferries LNG in trucks over 1,700 km to fuel gas demand in east

    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.

  • Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: Sources Jan 14, 2020 08:25 AM IST

    Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: Sources

    The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

  • BPCL seeks LNG cargo for January delivery: Sources Dec 10, 2019 02:41 PM IST

    BPCL seeks LNG cargo for January delivery: Sources

    The tender closes on December 10 and is valid until December 12, one of them said.

  • Saudi Aramco's shipping arm looks to charter tankers in LNG foray: Sources Dec 09, 2019 11:05 AM IST

    Saudi Aramco's shipping arm looks to charter tankers in LNG foray: Sources

    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.

  • Qatar plans to boost LNG production to 126 million tonnes by 2027 Nov 25, 2019 08:50 PM IST

    Qatar plans to boost LNG production to 126 million tonnes by 2027

    The expansion of Qatar's LNG facilities is the world's largest and one of the energy sector's most lucrative projects.

  • Policy | Step on the gas to revive gas-powered plants Oct 24, 2019 09:44 AM IST

    Policy | Step on the gas to revive gas-powered plants

    The government needs to capitalise on LNG prices and reintroduce the scheme for supplying imported gas.

  • GAIL Group targets 11.44 lk piped cooking gas connections in FY20; PM's 1 cr target set to be missed Oct 02, 2019 04:55 PM IST

    GAIL Group targets 11.44 lk piped cooking gas connections in FY20; PM's 1 cr target set to be missed

    In March 2015, Prime Minister Narendra Modi had pledged to provide piped natural gas connections to one crore households "in the next four years".

  • There are big risks in Petronet LNG’s US deal Sep 25, 2019 09:23 AM IST

    There are big risks in Petronet LNG’s US deal

    Petronet’s board had rejected the same deal six months ago because of the changing global gas market dynamics, where the fuel is available in abundance at rock bottom prices.

  • India-US to soon have trade deal, says US President Trump Sep 24, 2019 11:04 PM IST

    India-US to soon have trade deal, says US President Trump

    Prime Minister Narendra Modi met Trump on the sidelines of the UN General Assembly session and discussed with him bilateral ties

  • Gail sells US LNG cargo to Europe amid high stocks in India Mar 27, 2019 10:12 PM IST

    Gail sells US LNG cargo to Europe amid high stocks in India

    The cargo on board of the Meridian Spirit that loaded at the US Cove Point plant on March 20 was offered in a tender on March 25 when it was crossing the Atlantic Ocean.

  • India LNG demand journey to be shaky, slow due to infrastructure limits Mar 15, 2019 07:56 AM IST

    India LNG demand journey to be shaky, slow due to infrastructure limits

    New Delhi made a commitment in the Paris Agreement of 2015 to reduce the carbon emissions intensity of India's economy by one-third, and aims to more than double the share gas has in its energy mix to 15 percent by 2030, from 6.2 percent now.

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